Yep, agree and know all that re the adjustment @Robot42.
However, the announcement states MIN are essentially taking over from 1 May 2024, even though approval of the transaction has not been rubber stamped by the pollies, but they still want to go back to 1 January 2024 for pricing adjustments....??
Seems very ballsy of MIN to do that, and very meek of BCI to have accepted it.
Mind you, I don't believe BCI were in a position of strength on this deal. It will be interesting to 'park' this aspect of the deal and see how close BCI are to receiving the final $12.5mil.
Yet again, frustrating that there are not enough details in the announcement. Happily vague....?????
GLTAH
Ann: Sale of Iron Valley, page-10
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BCI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
24.0¢ |
Change
-0.010(4.00%) |
Mkt cap ! $692.2M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 25.5¢ | 24.0¢ | $481.6K | 1.946M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 838717 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.5¢ | 54124 | 4 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| BCI (ASX) Chart |