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0.00% 23.5¢ damstra holdings limited

"Damstra granting Ideagen a period ofexclusivity to conduct due...

  1. benwex2
    1,680 Posts.
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    10/11/23
    19:09
    Post #: 70839591

    "Damstra granting Ideagen a period ofexclusivity to conduct due diligence as well as the granting of a call option by each of Mr JohannesRisseeuw and Mr Christian Damstra which would give Ideagen the option to acquire their shares atthe indicative offer price of $0.27 per share."

    This line has got me stumped, why would they offer this call option on their holdings? Is it to stop another potential bid coming over the top?

    Not great negotiating by Chirstian but the guy is boob anyway..

    DTC Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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