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There you go. It is a material aquisition and as importantly it...

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insaf

10,477 Posts.

1051

03/06/21

09:50

Post #: 53612264
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Originally posted by insaf: ↑

The difference here is they have signaled that it is regarding a potential material aquisition. It means this statement "Company plans to augment its strong organic growth through selective acquisition. The Company’s acquisitionstrategy remains a key focus and several late-stage opportunities are under review. The Company is assisted in itsacquisition search by TCA Partners (formerly known as Tor Corporate Advisory).The Company has a strong pipeline of acquisitions in negotiation and due diligence stages" might have caught the attention of the ASX. Either they were forced to go into a TH as extremely close to finalise and potential issues with complying with disclosure requirements or the negotiations and due diligence had gotten to a stage that indicated a final decision was imminent. Possibly a good chance that a few more days would be required.

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There you go. It is a material aquisition and as importantly it requires a few days to conclude.

VN8 Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 4.4¢		Change 0.000(0.00%)		Mkt cap ! $15.92M

Open	High	Low	Value	Volume
4.4¢	4.5¢	4.4¢	$21.07K	478.5K

Buyers (Bids)

No.	Vol.	Price($)
2	262226406	4.4¢

Sellers (Offers)

Price($)	Vol.	No.
4.5¢	2113471	7

View Market Depth

No.	Vol.	Price($)
2	262226406	0.044
1	1010000	0.043
1	25000	0.040
1	26342	0.038
2	103611	0.036

Price($)	Vol.	No.
0.045	2113471	7
0.046	741039	5
0.047	10000	1
0.048	24090	1
0.050	90772	1

Last trade - 16.10pm 28/10/2024 (20 minute delay)

VN8 (ASX) Chart