I think this is a great outcome for all shareholders. Its a big premium to current trading and if you look at the company financials, I don't think it could survive as a stand alone company for much longer. Huge continuing losses, mounting million dollar debt and no growth. I recipe for insolvency if they do not get taken over. The directors know this and would be keen to get a deal done.
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Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $34.11M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.5¢ | 15.0¢ | $9.881K | 64.20K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23613 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 2862 | 1 |
View Market Depth
| Last trade - 12.34pm 16/06/2025 (20 minute delay) ? |
| XF1 (ASX) Chart |