What I find bazaar in the documents is the reliance for valuation on the LFS share price of $2.00.
The price has not been near $2.00 since March...and when the documents were being prepared was stuck around $1.80.
Very disingenuous by all involved to hold to a valuation that in the current climate will not be a reality.
The deal should be adjusted to say $300m/$1.80 = 167 million LFS shares.
No wonder AA is not happy...
What I find bazaar in the documents is the reliance for...
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Last
44.5¢ |
Change
-0.005(1.11%) |
Mkt cap ! $216.2M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 45.0¢ | 44.0¢ | $9.698K | 21.79K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 13222 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 4177 | 1 |
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| HUM (ASX) Chart |