PGY have released this on their website this morning. It looks like Samsung C&T are taking up 20% of their project. The last stipulation suggests that they will have to pay PGY around $66M in cash for the 20%.
Also worth noting the $330M valuation from this transaction. Enormous deal for the sector especially partnering with Samsung C&T and not to mention off-take or clean ammonia which have strong margins
You can work the share price out on that valuation above
Ann: Trading Halt, page-12
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1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $22.98M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.4¢ | $38.50K | 2.750M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 3782192 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 228784 | 1 |
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| Last trade - 12.20pm 04/11/2024 (20 minute delay) ? |
| PGY (ASX) Chart |