Its a script offer, like PLS's for Latin. If successful, it doesn't consume CXO cash (other than legal fees). Ironically if successful it would actually increase Core's cash because CHR had $3.3m cash at June 2024 and if the takeover was successful, those cash balances would roll into Core's balance when the deal concluded.
I'd be ok with CXO having a cornerstone shareholding (at a price much higher than the current one for TG6). I wouldn't want TG6 to be taken over at or anywhere close to current prices.
Its a script offer, like PLS's for Latin. If successful, it...
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Last
16.0¢ |
Change
-0.015(8.57%) |
Mkt cap ! $11.37M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 17.0¢ | 16.0¢ | $14.96K | 89.80K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 108754 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 29535 | 1 |
View Market Depth
| Last trade - 15.41pm 11/11/2024 (20 minute delay) ? |
| TG6 (ASX) Chart |