Please take a screenshot of the email and post it here as I'd love to see how the rejected offer was quietly promoted* given the woeful CR that followed shortly thereafter and what that's done to our SP since.
*At 120m SOI at the time I calculate that an offer of $100m for 30% of metal + 50% water valued HCH at ~AU$333m or ~AU$2.80 per share for the metal plus whatever value the water is, so lets say a total of between AU$3.00 - 3.50 per share. Meanwhile HCH now lags at 150m SOI with sub $1.00 SP, not such a brilliant strategy by management to not reject that offer formally by market announcement to generate some interest in the value of the company!
Ann: Hot Chili Corporate Presentation Rule Symposium 2024, page-41
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add HCH (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
81.0¢ |
Change
-0.070(7.95%) |
Mkt cap ! $121.8M | |||
| Open | High | Low | Value | Volume |
| 87.5¢ | 87.5¢ | 76.5¢ | $165.7K | 206.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 4999 | 80.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 81.0¢ | 7218 | 6 |
View Market Depth
| Last trade - 11.04am 05/08/2024 (20 minute delay) ? |
| HCH (ASX) Chart |