It's going to be 6c plus. Why?
Thewy get them all paid out on a change of control. Given a change of control will require Sh approval, and that's 8 weeks minimum to serve notice periods and circulate to holders, a 7c bid would guarantee management get 8M performance rights which at 6c a pop would nett them all $480k. They then get their rights a month before the vote, vote in favor, and hie into the sunset with (by and large) only mildly grumpy shareholders and a Maserati and wax kit worth of shares.
It's going to be 6c plus. Why? Thewy get them all paid out on a...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
6.8¢ |
Change
0.001(0.75%) |
Mkt cap ! $241.3M | |||
| Open | High | Low | Value | Volume |
| 6.7¢ | 6.8¢ | 6.7¢ | $68.64K | 1.024M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 160867354 | 6.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.8¢ | 34488936 | 49 |
View Market Depth
| Last trade - 10.20am 31/07/2025 (20 minute delay) ? |
| NWC (ASX) Chart |