So they have $100M odd in the bank with a $50M MC? is their a precendent for a 2/1 cash/MC ratio for a tech DataCentre provider?
Shareholders selling here are sacrificing liquidity for a 50% haircut, with the assumption the exisiting business outside the cash is worth $0!
In a world where cash earns 5% interest with no risk and Joe.D does deals better than anyone on the ASX doesnt make alot of sense selling here if you dont need the cash now
So they have $100M odd in the bank with a $50M MC? is their a...
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Last
15.0¢ |
Change
-0.005(3.23%) |
Mkt cap ! $46.96M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.3¢ | 15.0¢ | $55.87K | 372.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 6571268 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 1853295 | 21 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| 5GN (ASX) Chart |