Despite prior assurances that they did not, it was glaringly obvious they needed operational and capex funding for sure - better equity than debt. But this step has more the indicia of a privatisation step IMO. It can't be what it is purported to be - "a strategic partnership" - a 10 year agreement to buy busted wine barrels to meet the current flavouring fad provides a strategy advantage - you have to be joking !!
Dilute the minorities, privatise and re-list down the track IMO.
Despite prior assurances that they did not, it was glaringly...
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Last
86.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $65.51M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 800 | 87.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 87.0¢ | 25000 | 1 |
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| LRK (ASX) Chart |
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