To me, it's not about exposure to Jaxsta via Songtradr as opposed to exposure to Jaxsta personally.
It's about having a whole lot more dollars invested in Songtradr vs Jaxsta. I think any human being would prioritise their (whole) Songtradr holdings, and the ecosystem they're building there.
Would they want a company they've got relatively more of their own net-worth invested in, to pay significantly more than it has to, to acquire a target that they have significantly less of their net-worth invested in?
I think a sane person in their position would want to do that deal as cheaply as possible.
To me, it's not about exposure to Jaxsta via Songtradr as...
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Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $97.77M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $41.42K | 403.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 74579 | 3 |
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| Last trade - 12.20pm 20/06/2024 (20 minute delay) ? |
| VNL (ASX) Chart |