Listening to DT it seems that he has been developing a relationship with the McDonalds for a long time. I think the transaction had been on hold, as it is only recently that the value or DRE has risen to the point that would allow this transaction to proceed without upsetting the balance of existing shareholders and the goals of management. Reading the tea leaves I would suggest that DT has developed a relationship of trust that has allowed him to negotiate - what I think he would genuinely believe is - a WIN WIN for all parties. I would also not be surprised, that the relationship is such that DT can now strongly rely on the 20M shares to help protect the company against external predators. WIN WIN WIN.
I think it's a great move.
Listening to DT it seems that he has been developing a...
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Last
2.0¢ |
Change
-0.001(4.76%) |
Mkt cap ! $70.26M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.1¢ | 2.0¢ | $103.9K | 5.161M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 8253903 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 1266017 | 5 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| DRE (ASX) Chart |