I would request a board seat and/or make a cash takeover offer at 4 cents for the whole company. They have stated they will reject the Max scheme so that deal is dead as the they need 75% to vote in favour but not all shareholders will vote so they will quickly get to 25% against. If they can increase their holding to 30 - 40% then they would get board controll. They then sell services to VN8 at the current rate as exisitng providers and achieve the synergies without 100% ownership.
I would request a board seat and/or make a cash takeover offer...
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Last
9.6¢ |
Change
-0.003(2.54%) |
Mkt cap ! $20.58M | |||
| Open | High | Low | Value | Volume |
| 9.0¢ | 10.0¢ | 8.8¢ | $40.63K | 423.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 55555 | 9.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.6¢ | 176931 | 1 |
View Market Depth
| Last trade - 15.50pm 16/06/2025 (20 minute delay) ? |
| SWP (ASX) Chart |