I was wrong. At least though they are returning capital. But why did Mike get that huge termination payment?
"Earlier this year we announced a strategic review of ourbusiness and initiation of an M&A process leading to thelikely sale of the company. This process has proven moredifficult and protracted than expected partly due to thedifficult market and political environment mentioned. On one hand energy prices are high leading to strong profitability, but the uncertain political environment and high interest rate environment makes companies reluctant to invest.
Whilst we continue negotiations, we will only recommenda transaction if and when we obtain terms which are in thebest interests of all shareholders."
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Mkt cap ! $52.74M |
Open | High | Low | Value | Volume |
1.1¢ | 1.3¢ | 1.1¢ | $45.96K | 3.861M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3984288 | 1.2¢ |
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Price($) | Vol. | No. |
---|---|---|
1.3¢ | 17239875 | 22 |
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No. | Vol. | Price($) |
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1 | 4081513 | 0.012 |
14 | 13555005 | 0.011 |
19 | 23116232 | 0.010 |
6 | 7123111 | 0.009 |
4 | 470247 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 17239875 | 22 |
0.014 | 4915902 | 10 |
0.015 | 5327000 | 10 |
0.016 | 97225 | 1 |
0.017 | 72000 | 1 |
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