Once the prospective buyer got access to the dataroom, DD would take anywhere around 3 to 5 weeks, assuming they have a mutual understanding of the deal with the board. Based on the fact that the announcement of the offer was hidden on the 5th page of a trenching exploration update (no TH, no separate price sensitive announcement), I don't have high hopes for a decent deal. My gut feel says it's probably a low-ball offer by a Chinese entity somewhere in the middle of a single digit million range, but I could be wrong here. We would probably get an answer by the end of next week though.
Good luck everyone, I think we need quite a lot of it after the abysmal performance of this stock.
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Once the prospective buyer got access to the dataroom, DD would...
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.195M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 314809 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 6860751 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 314809 | 0.006 |
15 | 8792042 | 0.005 |
12 | 19295250 | 0.004 |
6 | 14073333 | 0.003 |
6 | 4405000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 6860751 | 7 |
0.008 | 3626239 | 4 |
0.009 | 2214721 | 8 |
0.010 | 1006016 | 4 |
0.011 | 520000 | 2 |
Last trade - 16.21pm 25/07/2025 (20 minute delay) ? |
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