What I am really interested is their intent;
One reason I tried to research SB was to see their history, do they ensure value added and then ‘flip’ their holdings, or ...
Have they are history in taking interests/positions in public companies and then acquiring them.
If the latter, bear in mind than the company is quite ‘cheap’ at the moment ..... , sure they have done DD and would want to ‘pounce’ sooner than later, eg; why pay $1 later if you can buy for 13 cents and up in the interim?
Be nice to see further interests (other then SB) acquire holdings of 5% in Admedus and up, share registery in the near future could be very telling.
Ann: Appendix 3B - Star Bright Placement Issue, page-62
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Last
$12.00 |
Change
0.000(0.00%) |
Mkt cap ! $253.6M | |||
| Open | High | Low | Value | Volume |
| $11.88 | $12.00 | $11.50 | $261.8K | 22.14K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 156 | $11.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.00 | 6045 | 3 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| AVR (ASX) Chart |