As I just said today in another thread, prior to this release:
http://hotcopper.com.au/post_threadview.asp?fid=1&tid=1848271&msgno=8616653#8616653
"Realistically, the offer to ELDPA would be to take less than par in a new security, and get dividends on that, or alternately to take shares."
As I said in that thread, the numbers for this acquisition do not really work well.
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$8.47 |
Change
-0.070(0.82%) |
Mkt cap ! $1.338B | |||
| Open | High | Low | Value | Volume |
| $8.48 | $8.52 | $8.38 | $3.357M | 396.1K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1832 | $8.46 |
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| Price($) | Vol. | No. |
|---|---|---|
| $8.47 | 1006 | 1 |
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