Until the situation is clarified there will be considerable speculation. I also thought trade sale was the destination but the proposal at the AGM to enable 10% placement has me intrigued. Intriguing in that I understand and have read in the ASX rules that the Board can make a 15% placement without recourse to shareholders. This then makes 25% capacity. Why would you go for that if looking for trade sale. Where do Barton and/or the absent JCC fit into this?
Lets move from AGM season to speculation season and see who gets closest. LOL
Timbo
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Last
$1.29 |
Change
-0.010(0.77%) |
Mkt cap ! $755.3M | |||
| Open | High | Low | Value | Volume |
| $1.31 | $1.31 | $1.28 | $11.35K | 8.753K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 2194 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.31 | 7576 | 2 |
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| Last trade - 10.24am 28/07/2025 (20 minute delay) ? |
| PYC (ASX) Chart |