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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I'll be interested in any insights you can share from any...
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Last
$3.67 |
Change
0.250(7.31%) |
Mkt cap ! $179.1M |
Open | High | Low | Value | Volume |
$3.44 | $3.67 | $3.44 | $215.7K | 61.05K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1354 | $3.65 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.67 | 464 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1354 | 3.650 |
1 | 1400 | 3.550 |
1 | 3 | 3.460 |
1 | 4729 | 3.420 |
1 | 3 | 3.410 |
Price($) | Vol. | No. |
---|---|---|
3.700 | 44000 | 1 |
3.710 | 2000 | 1 |
3.850 | 1500 | 1 |
3.860 | 2000 | 1 |
3.900 | 16714 | 3 |
Last trade - 16.10pm 21/08/2024 (20 minute delay) ? |
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