Australia's largest stock trading and investment forum Australia's #1 stock forum

AN1

Click for more information

0.00%

0.7¢ anagenics limited

Ann: CDY Engages Advisers to Facilitate Divestment from Lyramid, page-13

First 13 Last

Share
Profile

Follow
dunover

1,234 Posts.

238

10/09/20

13:55

Post #: 47240254
Share

Originally posted by makka: ↑

“The two agreements are independent from each other and have similar terms including no exclusivity. Under the agreements the only fee payable by Cellmid to either of the consultants will be a success fee on completion of the sale or partnering of the midkine asset portfolio. The reason for signing two agreements is to fully exploit both partnering and divestment options efficiently. “

No consulting fee to be paid unless a deal is complete. Selling this asset or partnering now is a good thing imo as I can’t see cdy developing this further from here on as it would require substantial amount of funds
and time.

Expand

Questions
Will Fintan Walton flog this off at a price that will be better than C14?
Will the acuiring party have connections with current management?
Will Direct Capital Group Pty Ltd act as advisers to the new entity?

CDY Price at posting: 9.6¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 127 more messages in this thread...

First 13 Last

Add AN1 (ASX) to my watchlist

(20min delay)
Last 0.7¢		Change 0.000(0.00%)		Mkt cap ! $3.229M

Open	High	Low	Value	Volume
0.7¢	0.7¢	0.7¢	$44	6.3K

Buyers (Bids)

No.	Vol.	Price($)
2	1658877	0.7¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	371829	3

View Market Depth

No.	Vol.	Price($)
2	1658877	0.007
6	1505692	0.006
4	1100000	0.005
2	525000	0.004
1	600000	0.003

Price($)	Vol.	No.
0.008	371829	3
0.009	659442	2
0.010	385000	2
0.011	300000	1
0.013	750000	1

Last trade - 10.00am 04/06/2024 (20 minute delay)


Last 0.8¢			Change 0.000 ( 14.3 %)
Open	High		Low	Volume
0.8¢	0.8¢		0.8¢	12500
Last updated 11.09am 04/06/2024 ?

AN1 (ASX) Chart