That's a good point regarding an EGM and Somboon being unable to vote his shares in the event of a sale to him. In terms of ASM, you'd hope that they only want to profit via there holding in DNA, but we have been dissapointed before. Although I did not like the thought of Stuart and Ben continuing, I at least felt like any benefit from settlements would flow through to DNA. Tradie brought up the point about 'leakage', maybe you'd say it was paranoid, but there is a lot of money at stake here potentially for the Somboon family.
I'm not sure about the management contract, frankly why would ASM give up 1/3 of the earnings when they already have a a new CEO and Slots manager etc in place? Additionally, they paid a price reflective of the current profitability. Surely they would just sell it outright to Somboon Associates if they did a deal with them, imagine giving Somboon 1/3 and suddenly business picks up because he diverts business from his other casinos to Star Vegas to meet targets, thus getting 1/3 of Star Vegas and cancelling out his lost personal earnings at the other casinos. Sorry, but It doesn't make much sense Htran.
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Last
3.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $37.06M |
Open | High | Low | Value | Volume |
3.0¢ | 3.0¢ | 2.9¢ | $793 | 26.55K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 346029 | 2.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.2¢ | 60000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 346029 | 0.029 |
3 | 161699 | 0.028 |
3 | 449978 | 0.027 |
2 | 262126 | 0.026 |
1 | 20000 | 0.025 |
Price($) | Vol. | No. |
---|---|---|
0.032 | 60000 | 1 |
0.034 | 226668 | 1 |
0.036 | 486623 | 4 |
0.041 | 78720 | 1 |
0.045 | 186270 | 1 |
Last trade - 15.55pm 25/02/2025 (20 minute delay) ? |
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