I'll be interested in any insights you can share from any response. It's a strange situation where from our perspective as shareholders, it would be great if the $10.7 million could be use to reduce management's share of Findi sharply and increase our share sharply, recalling that $10.5 million in 2022 acquired a 75% stake of Findi/TSI at the time. But recently we had Piramal pay $37.1 million to acquire the (right) to a 16.7% share of Findi in 3 years if it gets to IPO.
So you could imagine from management and Piramal's perspective that it would be unfair if ASX shareholders ccould invest on much better terms a few months on from what Piramal did. And if we can/could/have/will sharply increase our ownership stake, then today the share price should have really rocketed. I'm not saying it's not possible that we can/have sharply incresed our ownership stake, but you would think management and Piramal would have foreseen this situation when stipulating on what terms we as shareholders could increase our stake.
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- Ann: Conversion of Options raises $10.7 million
I'll be interested in any insights you can share from any...
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Last
$3.78 |
Change
-0.020(0.53%) |
Mkt cap ! $184.4M |
Open | High | Low | Value | Volume |
$3.79 | $3.92 | $3.65 | $668.6K | 176.8K |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 3406 | $3.68 |
Sellers (Offers)
Price($) | Vol. | No. |
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$3.80 | 1000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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2 | 3406 | 3.680 |
1 | 1365 | 3.660 |
2 | 15010 | 3.650 |
1 | 300 | 3.600 |
1 | 150 | 3.500 |
Price($) | Vol. | No. |
---|---|---|
3.850 | 3000 | 2 |
3.940 | 10000 | 1 |
3.950 | 22678 | 6 |
3.970 | 2000 | 1 |
3.980 | 1000 | 1 |
Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$3.79 |
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Change
-0.020 ( 0.90 %) |
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Open | High | Low | Volume | ||
$3.72 | $3.90 | $3.68 | 17791 | ||
Last updated 15.58pm 14/06/2024 ? |
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