Hi Topcall,
the original terms for the additional purchase option to get to 51% was to pay a minimum of 80M$ (refer to the Independent Expert Report).
In the Half Year Accounts, an amount of 26M$ was mentioned for the exercise of the additional purchase option, hence my thoughts that the amended agreement could include a lower option price to get to 51% ownership reflecting the current market conditions.
Ann: Trading Halt, page-9
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Last
84.5¢ |
Change
0.010(1.20%) |
Mkt cap ! $127.9M | |||
| Open | High | Low | Value | Volume |
| 83.0¢ | 85.0¢ | 81.5¢ | $217.2K | 261.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7608 | 83.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 84.5¢ | 5660 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| HCH (ASX) Chart |