It’s unlikely that management had too many options to choose from. Developing Leigh Creek internally wasn’t a realistic idea.
However, I’m not happy about the non disclosure of the “buyer”. One would assume those details will be provided after the DD period.
Secondly, what’s to stop the buyer deferring a listing or sale beyond the agreed 6 month period and avoid paying us the bonus? Are there clauses we’re not seeing that ensure we are covered against them dragging their feet?
This announcement is information light, let’s hope they provide greater clarity in time.
- Forums
- ASX - By Stock
- AXE
- Ann: Sale of Leigh Creek Magnesia Project
Ann: Sale of Leigh Creek Magnesia Project, page-16
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AXE (ASX) to my watchlist
|
|||||
Last
25.5¢ |
Change
0.005(2.00%) |
Mkt cap ! $64.98M |
Open | High | Low | Value | Volume |
25.5¢ | 25.5¢ | 24.0¢ | $30.45K | 122.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 21229 | 24.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.5¢ | 29277 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 21229 | 0.245 |
2 | 13881 | 0.240 |
8 | 179541 | 0.235 |
6 | 160943 | 0.230 |
11 | 516030 | 0.225 |
Price($) | Vol. | No. |
---|---|---|
0.255 | 29277 | 3 |
0.260 | 50000 | 1 |
0.265 | 93894 | 2 |
0.270 | 36693 | 3 |
0.275 | 9728 | 2 |
Last trade - 15.58pm 26/08/2024 (20 minute delay) ? |
Featured News
AXE (ASX) Chart |