There is very little chance EMR can recover 100% of their investment without putting up significant portion of the Muga project funds themselves. I mean the best EMR can get back is cents on the dollar without this deal. But EMR is ok with putting in more money if it means shafting existing retail shareholders. It can do this if the YE buy in price valuation is low. Either way existing shareholders is going to get shafted by either EMR or YE.
Ann: LoI for Cooperation on Strategic Investment, page-77
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Last
29.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $124.5M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 31.5¢ | 29.5¢ | $62.16K | 206.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 45990 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 54034 | 2 |
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| Last trade - 15.59pm 03/10/2024 (20 minute delay) ? |
| HFR (ASX) Chart |