Given the reports that GFG plans to do an IPO for 40% of Whyalla steel works and associated entities, I don't think that he will have an issue with holding 51% to 75% of a listed company. I think the key for Gupta will be holding at least than 51%.
I assume that the entity to be listed will include the 51% plus interest in HAV to ensure long term supply for its expansion plans.
However, I wouldn't be surprise if somewhere down the track (possibly a few years though or when Giles wants to retire) there is a takeover offer of HAV from the Whyalla steel works entities where HAV shareholders are offered shares in the listed Whyalla steels works.
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Last
19.0¢ |
Change
0.010(5.56%) |
Mkt cap ! $60.16M |
Open | High | Low | Value | Volume |
19.0¢ | 19.0¢ | 19.0¢ | $8K | 42.10K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 259 | 18.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 38035 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 259 | 0.185 |
1 | 5555 | 0.180 |
1 | 2900 | 0.175 |
2 | 112190 | 0.170 |
1 | 25000 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 38035 | 1 |
0.205 | 50000 | 1 |
0.210 | 98010 | 3 |
0.215 | 50000 | 1 |
0.235 | 45000 | 2 |
Last trade - 14.54pm 16/08/2024 (20 minute delay) ? |
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HAV (ASX) Chart |