I suspect that there has been significant investor pushback on the proposal. I reckon it reached the point where Next/English were no longer sure they had the numbers. Just to make the point; there are 3 types of bankers in this transaction; 1) the Next people who represent investment funds; they get their money by buying businesses cheaply, horizontalrelaxationing them up and reselling them for a profit; 2) other investment bankers who run the transaction and get a success fee; and 3) the bankers who are owed the money.
They are all elephants with big egos.
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Ann: Termination of Scheme of Arrangement, page-7
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Last
15.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.102M |
Open | High | Low | Value | Volume |
15.0¢ | 15.0¢ | 15.0¢ | $1 | 7 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.0¢ | 24291 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7 | 0.155 |
1 | 130188 | 0.150 |
1 | 92397 | 0.145 |
1 | 23084 | 0.125 |
1 | 100 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.160 | 24291 | 3 |
0.165 | 77238 | 3 |
0.170 | 1492 | 1 |
0.180 | 6642 | 2 |
0.200 | 75358 | 3 |
Last trade - 10.09am 23/08/2024 (20 minute delay) ? |
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