Shares to be issues at a 81% premium if those targets are met is very bullish. Secondly, I find it fascinating they didn't just use their existing 52 million cash position to buy this, but their hint at further acquisitions and nasdaq dual listing means they probably want to conserve their cash position for now.
Ann: Proposed acquisition of Jiobit, page-3
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Last
$19.14 |
Change
-0.130(0.67%) |
Mkt cap ! $4.261B | |||
| Open | High | Low | Value | Volume |
| $19.24 | $19.39 | $19.02 | $5.064M | 263.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1770 | $19.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.19 | 89 | 1 |
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| 360 (ASX) Chart |