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TraderRic

218 Posts.

22/02/18

12:45

Post #: 31255735
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Originally posted by GA09 ↑

I cant believe why were people thinking that if AUZ does not get the full finance by Dec 2018 then SK will cancel the deal instead of helping with finance. Why would they move to ARL or VIC after 1 year?

Similarly if the construction is delayed by 2-3 months. Would it better for them to wait for 2-3 months and help AUZ fasten up the process or start the 2-3 year process with some other company.

Why would a company go through inconvenience of signing a term sheet if they are not 100% committed? The 20% they are buying is worth less than 1% of their one year turnover. I don't think that they would be that stressed about it and plan to move to a different company after Dec 18 who is willing to give 20% for say $75M.

The conditions were meaningless to start with and SK could have easily agreed to remove them if there was any problem in getting finance due to that.

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The conditions were meaningless? C'mon, you can't be serious. Why were they there, then?

AUZ Price at posting: 10.5¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 0.8¢		Change 0.000(0.00%)		Mkt cap ! $11.18M

Open	High	Low	Value	Volume
0.8¢	0.8¢	0.8¢	$29.28K	3.691M

Buyers (Bids)

No.	Vol.	Price($)
46	13305467	0.7¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	291010	2

View Market Depth

No.	Vol.	Price($)
46	13305467	0.007
34	50424111	0.006
14	31150199	0.005
8	7154750	0.004
3	2400001	0.003

Price($)	Vol.	No.
0.008	291010	2
0.009	3232695	13
0.010	3538032	23
0.011	4525002	12
0.012	3385705	6

Last trade - 16.10pm 07/10/2024 (20 minute delay)

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