Sure REM can make a low ball offer - and they'll get sweet FA stock.
Don't forget, EMH has a rather tight register and only 20% (pending approval) is held by REM.
That leaves approx 80% that isn't.
One thing is patently clear to me, and has been for a while - KC is nobody's fool; he will leverage EMH's relationship for one purpose, and one purpose only - to achieve the best outcome for EMH shareholders; of which he is a large one himself.
There will be no cheap placements or sweetheart deals just because KC is on good terms with EMH's largest shareholder.
He will abide by his fiduciary duty to do what is best for the company and shareholders.
Sure REM can make a low ball offer - and they'll get sweet FA...
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Last
15.5¢ |
Change
0.015(10.7%) |
Mkt cap ! $32.15M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 15.8¢ | 15.5¢ | $3.748K | 24.17K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 76555 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 33724 | 2 |
View Market Depth
| Last trade - 14.43pm 11/11/2024 (20 minute delay) ? |
| EMH (ASX) Chart |