EQR 3.92% 4.9¢ eq resources limited

[ATTACH] Am I reading this correctly? We paid EUR1 to take over...

  1. 2,797 Posts.
    lightbulb Created with Sketch. 107
    IMG_8726.jpeg Am I reading this correctly? We paid EUR1 to take over EUR80,000,000 worth of loans owed by Saoro to Oaktree? How is this a benefit?

    Also, considering we and Kevin know much EQR is actually worth, I too feel that we gave up 15% of our company for too little… especially considering how much debt we have taken responsibility for.

    Hopefully they provide more details in their presentation…
 
watchlist Created with Sketch. Add EQR (ASX) to my watchlist
(20min delay)
Last
4.9¢
Change
-0.002(3.92%)
Mkt cap ! $91.08M
Open High Low Value Volume
5.1¢ 5.1¢ 4.9¢ $77.39K 1.543M

Buyers (Bids)

No. Vol. Price($)
3 620100 4.7¢
 

Sellers (Offers)

Price($) Vol. No.
5.1¢ 30360 1
View Market Depth
Last trade - 15.06pm 03/05/2024 (20 minute delay) ?
Last
4.9¢
  Change
-0.002 ( 2.00 %)
Open High Low Volume
5.1¢ 5.1¢ 4.9¢ 206758
Last updated 15.06pm 03/05/2024 ?
EQR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.