I think the CR helped them secure the company from an unfriendly takeover.
If you grant them the ability to look sufficient chess moves ahead, then the low offer price, with SI choosing who gets the excess shares enabled them to take a big enough % at a price they could pay.
Whether GG's bigger buying afterwards was part of the plan or not who knows. It may have been.
A little bit messy with Dr Rose's shares suggests they had to move before they were quite ready to do so. We probably have Oaktree to thank for that.
I can tell you that the last thing we want is a S of A. Total rip-offs for anyone that looks ahead at future values.
I think the CR helped them secure the company from an unfriendly...
Add MSB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.08 |
Change
-0.010(0.92%) |
Mkt cap ! $1.233B | |||
| Open | High | Low | Value | Volume |
| $1.10 | $1.11 | $1.05 | $5.002M | 4.632M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5697 | $1.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.09 | 1000 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.09 |
Change
-0.010 ( 0.10 %) |
||||
| Open | High | Low | Volume | ||
| $1.09 | $1.11 | $1.06 | 1181223 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| MSB (ASX) Chart |