Not surprised at this outcome, but this has been so poorly structured.
What is quite unbelievable is that DEL management handed Palisade some ~9 months of exclusivity for no outcome. This is unacceptable.
DEL Management if an investor wants exclusivity going forward do 2 things please:
1. Keep the time frame shorter for exclusivity - 3-4 months max, and put pressure on the investor to close; and
2. Make the investor PAY for the right, structure a break fee or something similar - how are you ensuring there is skin in the game during exclusivity!
Not complicated.
Not surprised at this outcome, but this has been so poorly...
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 (20min delay)
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Last
4.8¢ |
Change
-0.002(4.00%) |
Mkt cap ! $10.35M | |||
| Open | High | Low | Value | Volume |
| 4.8¢ | 4.8¢ | 4.8¢ | $1.68K | 35K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 457000 | 4.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.9¢ | 30000 | 1 |
View Market Depth
| Last trade - 10.02am 24/05/2024 (20 minute delay) ? |
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Last
4.8¢ |
Change
-0.002 ( 2.04 %) |
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| Open | High | Low | Volume | ||
| 4.8¢ | 4.8¢ | 4.8¢ | 1190 | ||
| Last updated 13.11pm 24/05/2024 ? | |||||
| DEL (ASX) Chart |