BWF
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12.5% 45.0¢ blackwall limited

Ann: Takeover - extension of offer period, page-5

  1. madamswer
    16,667 Posts.
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    13/11/23
    21:52
    Post #: 70878010
    "What's going on here ?
    I see NO VALUE in this takeover, for existing BWF shareholders"

    They are paying $62m (103.9m shares at $0.60/share) in order to acquire Pelorus's $50.6m of Net Assets.

    So, you're right; can't see the value for BWF shareholders.

    Additionally, with all the related parties hanging off this deal, I'm with you in your sentiment about "What's going on here?"

    But it's moot because it looks like they might have got it outright.

    .
    BWF Price at posting: 48.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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Last
45.0¢ 		Change
0.050(12.5%) 		Mkt cap ! $75.51M
Open High Low Value Volume
43.0¢ 45.0¢ 42.5¢ $25.65K 58.40K

Buyers (Bids)

No. Vol. Price($)
1 7500 41.0¢
 

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Price($) Vol. No.
44.5¢ 10 1
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Last trade - 14.34pm 25/07/2024 (20 minute delay) ?
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