Does Ross have a vision of going "Back to the Future!":
With a 4 Mil. share top up places Ross @ 58.5% of this listed company - will other shareholders benefit as ASH recovers?
Then again, is now a timely level for Ross to seek funds to take ASH private?
HC showed the MC @ $33.11 Mil this morning, Ross's share holding = $19,038250
At this morning SP, Ross would need $14,071,750 to buy out the company - if he can get it without a premium!?
If ASH can get back to 82 cents, Ross would need more than $50 million to take out his fellow shareholders!
As mentioned above - ASH's market capital was showing on HC this morning @ $33.11 Mil!
From this point, how might the SP pan out as ASH potentially recovers from recent mis-adventure/ Appears Ross has favourable expectations!
If my appear out, happy to be corrected!
Ann: Change of Director's Interest Notice, page-3
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Last
25.0¢ |
Change
-0.020(7.41%) |
Mkt cap ! $35.99M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 25.0¢ | 23.5¢ | $28.40K | 118.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3114 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 50000 | 1 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| ASH (ASX) Chart |