What if KL offered up DEG a bought deal to clear Indee and aquire a significantly higher voting position. Then turn around and support a NOVO low ball bid for DEG on a cash and stock deal. DEG trades at a significant discount to Novo stock (even if Novo offers a small premium). KL take the stock option, increasing Novo ownership.
Certianly speeds the path to a scalable conventionally backed plant for Novo and friends at least a year before we could get there on our own. Pure speculation but this is the way these people think.
What if KL offered up DEG a bought deal to clear Indee and...
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Last
$1.07 |
Change
-0.015(1.39%) |
Mkt cap ! $2.570B | |||
| Open | High | Low | Value | Volume |
| $1.07 | $1.08 | $1.06 | $7.817M | 7.318M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12531 | $1.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.07 | 346149 | 6 |
View Market Depth
| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| DEG (ASX) Chart |