Certainly the UNV response highlights the risk profile of TER. And there is no getting away from the amount of debt TER have.
However I find the very amateurish offer document is in the same league as the Dec. quarterly report. Is this the output of the same "superior" financial management that have been mentioned before?
Just watch out if the bid doesn't get through quickly TER might end up with a very low share price.
Certainly the UNV response highlights the risk profile of TER....
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Last
18.5¢ |
Change
-0.010(5.13%) |
Mkt cap ! $148.1M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.3¢ | 18.5¢ | $304.2K | 1.576M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 1109226 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 317231 | 38 |
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| Last trade - 14.07pm 16/08/2024 (20 minute delay) ? |
| TER (ASX) Chart |