I think the purchase price PAC is suggesting is one you’d expect under a more normal M&A scenario - not one that is constructed under a tight joint venture agreement with pre-determined exit clauses and the like. I would think the acquisition price will be more favourable than that. There’s not much downside if I’m wrong about that either so I think the risk:reward here is asymmetrical under all kinds of possible outcomes.
I think the purchase price PAC is suggesting is one you’d expect...
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Last
16.5¢ |
Change
-0.015(8.33%) |
Mkt cap ! $14.25M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.0¢ | 16.5¢ | $4.042K | 24.45K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100870 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 28440 | 2 |
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| Last trade - 10.56am 19/07/2024 (20 minute delay) ? |
| BCC (ASX) Chart |