Zeta owns 70% of HRN - and I doubt they would offer a $3m UNSECURED loan to HRN for 8% interest when you can get 5% risk free on a term deposit.
No - I think there is still a bigger game being played here.. Perhaps Zeta trying to form a blocking stake via HRN so that when someone attempts to takeover AME, they can try to leverage a deal to have HRN form part of the consolidation package..
Zeta owns 70% of HRN - and I doubt they would offer a $3m...
Add AME (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.8¢ |
Change
-0.001(2.56%) |
Mkt cap ! $27.41M | |||
| Open | High | Low | Value | Volume |
| 3.8¢ | 3.9¢ | 3.8¢ | $59.37K | 1.562M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 115504 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.9¢ | 148972 | 2 |
View Market Depth
| Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
| AME (ASX) Chart |