a $42m market cap company buys another for $35m, using $16m of placement at, say, 5 cents puts another 320M of shares to Kanji. the remaining circa 16M shares (either placement or equity swap to the owners) means that there is circa 1.3Bill shares on issue.
so, with Kanji going from 0 to circa 460M shares in a little over a month and a week after becoming a director... and then an acquisition. would he have been better informed than the market when he was buying the shares?
just wondering.
anyway, looks like he's in control
- Forums
- ASX - By Stock
- Ann: Trading halt
a $42m market cap company buys another for $35m, using $16m of...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ST1 (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $66.96M |
Open | High | Low | Value | Volume |
4.9¢ | 4.9¢ | 4.9¢ | $1.427K | 29.12K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 25188 | 4.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.0¢ | 122682 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 25188 | 0.049 |
2 | 514066 | 0.048 |
1 | 20000 | 0.047 |
1 | 100000 | 0.046 |
2 | 211111 | 0.045 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 122682 | 2 |
0.051 | 196078 | 1 |
0.052 | 200000 | 1 |
0.055 | 56051 | 3 |
0.057 | 150000 | 1 |
Last trade - 10.46am 02/05/2024 (20 minute delay) ? |
Featured News
ST1 (ASX) Chart |
The Watchlist
BPH
BPH ENERGY LTD
David Breeze, MD & Executive Chairman
David Breeze
MD & Executive Chairman
SPONSORED BY The Market Online