Crap thats not what happens. The water business gets spun off into a IPO say Clean Teq retains 50% equity. If they sell at listing all that cash goes into their balance sheet. Its nonsense what you said. Whatever is the underwritten price is what they receive for their ownership on listing.
Crap thats not what happens. The water business gets spun off...
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Last
41.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $36.99M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 41.0¢ | 39.0¢ | $5.695K | 14.27K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6127 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 2909 | 1 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| SRL (ASX) Chart |