Yes, we have all just taken a 30% haircut for this acquisition. It's a heavy price.
23 cents is the same price Sonic entered a year ago.
Sonic has their 32 cent options coming up for exercise in the near future.
Safe to say the retail offer isn't going to fly but fully underwritten at a hefty price.
Ann: Fully Underwritten A$20 million Entitlement Offer, page-3
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17.5¢ |
Change
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Mkt cap ! $78.37M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12556 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 64647 | 3 |
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