I think my doubt maybe well founded... that if the 2nd largest shareholder DTN's parent company decides not to exercise the option to acquire 20% of ENC, the chance is, they may not be interested in acquiring the 55% either. Therefore they may vote no, their voting power is more than 20%.
I am not an expert, therefore enlighten me if anyone would - why does ENC worth 2.3B at value and what are the Shareholder Loans in this company? Why would NIC acquire 55% shares and also have to acquire the shareholder loans? Doesn't the vendor after receiving 1.265B from NIC has the money to re-pay their loans? What if they have huge shareholder loans, e.g. exceeds 2 billion?
I think my doubt maybe well founded... that if the 2nd largest...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
76.5¢ |
Change
0.010(1.32%) |
Mkt cap ! $3.331B | |||
| Open | High | Low | Value | Volume |
| 76.0¢ | 77.0¢ | 76.0¢ | $1.713M | 2.234M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 18671 | 84.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 69.0¢ | 9275 | 1 |
View Market Depth
| Last trade - 15.59pm 18/07/2025 (20 minute delay) ? |
| NIC (ASX) Chart |