thanks hobbs29. if the directors are acting in shareholders best interest, of the 3 options you presented surely a wind-up (followed by a 1 yr off spell to lick there wounds) would be best.
if you use 133 NAV, wherever it pans out after all liquidation, and returns made to shareholders surely that's the best outcome than letting the likes of the vgi to grab that difference. ? what am I missing...
Ann: Appendix 3C - Announcement of On-Market Share Buy-Back, page-3
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Last
$1.46 |
Change
-0.035(2.35%) |
Mkt cap ! $114.6M | |||
| Open | High | Low | Value | Volume |
| $1.49 | $1.49 | $1.46 | $197.0K | 133.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 15900 | $1.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.48 | 10000 | 1 |
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| TGF (ASX) Chart |