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
12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $104.9M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 11.5¢ | $112.7K | 934.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14833 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 25000 | 1 |
View Market Depth
| Last trade - 15.39pm 22/05/2024 (20 minute delay) ? |
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Last
12.0¢ |
Change
-0.005 ( 11.1 %) |
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| Open | High | Low | Volume | ||
| 12.5¢ | 12.5¢ | 11.0¢ | 315341 | ||
| Last updated 15.23pm 22/05/2024 ? | |||||
| VNL (ASX) Chart |