OEC 4.00% 9.6¢ orbital corporation limited

Ann: Synerject sale - Orbital to receive $25 million in cash, page-11

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 7,096 Posts.
    lightbulb Created with Sketch. 74
    so if they pay off their borrowings saving 900k p.a don't they still have about 9m left over on my reading of the annual. or am i missing something. anway i dont invest for divs.

    regarding todays announcement surely the previous mc for OEC did not value Synerject at 25m. I would have thought more around 10m being generous. so wouldn't efficient market theory have seen this announcement result in an extra 15m to the mc or a sp around 90c. those are my thought anyway for what they are worth. comments welcome.
 
watchlist Created with Sketch. Add OEC (ASX) to my watchlist
(20min delay)
Last
9.6¢
Change
-0.004(4.00%)
Mkt cap ! $14.02M
Open High Low Value Volume
10.0¢ 10.0¢ 9.5¢ $2.865K 30.15K

Buyers (Bids)

No. Vol. Price($)
2 15000 9.0¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 20000 1
View Market Depth
Last trade - 16.10pm 06/11/2024 (20 minute delay) ?
OEC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.