Interesting this is mentioned quite early on:
"leading up to the change of control by..."
I think it would be prudent of them to be at least having discussions around this given the market. I'm sure with cash and asset position they could get a transaction away at multiples of current SP to a long term investor.
I don't think that is the play but it would be sensible to be at least having the discussions.
Ann: Appointment of Independent Non-Executive Director, page-3
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Last
$2.13 |
Change
-0.160(6.99%) |
Mkt cap ! $1.919B | |||
| Open | High | Low | Value | Volume |
| $2.24 | $2.24 | $2.12 | $2.476M | 1.145M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 33720 | $2.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.14 | 11000 | 1 |
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| Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
| SMR (ASX) Chart |