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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Last
2.4¢ |
Change
0.002(9.09%) |
Mkt cap ! $28.54M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.5¢ | 2.0¢ | $168.6K | 7.274M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 128103 | 2.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.5¢ | 296852 | 4 |
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| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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Last
2.3¢ |
Change
0.002 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 2.1¢ | 2.5¢ | 2.0¢ | 3086073 | ||
| Last updated 15.33pm 29/05/2024 ? | |||||
| PGY (ASX) Chart |