" Firstly there will be an easier auction for control should Drake want to sell or part sell "
If its a dud, then yes, they could create a smokescreen long enough to sell off to mums and dads, which would seem the only benefit along that line of thinking.
If the concept proves up, then they'd have no issue finding buyers at 10B valuation (pick a number) privately.
" Secondly the high profile nature with investors all over the world
allows company to better handle dealings with Brazil Govt. This may be important
as a number who studied this company believe twhat is in the ground is very very large "
Fair point. If you were concerned about Brazil gov nationalising it, then yea, I could see how shining some light on it may help.
" Firstly there will be an easier auction for control should...
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Last
2.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.75M | |||
| Open | High | Low | Value | Volume |
| 2.6¢ | 2.6¢ | 2.2¢ | $52.93K | 2.323M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 484802 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 69174 | 1 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
2.3¢ |
Change
0.000 ( 4.17 %) |
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| Open | High | Low | Volume | ||
| 2.2¢ | 2.3¢ | 2.2¢ | 632311 | ||
| Last updated 13.43pm 03/05/2024 ? | |||||
| BCM (ASX) Chart |