5GN 5g networks limited.

ASIC won’t do anything!!!!! a court order with accompanying...

  1. 6,185 Posts.
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    ASIC won’t do anything!!!!!

    a court order with accompanying affidavit from an independent valuer will make a difference

    the deal is neither fair nor reasonable

    as opposed to

    ‘not fair but reasonable’ or ‘fair and reasonable’

    this is a $1B dollar plus network asset!!!! Described as ‘Australia’s largest Australian owned and operated Fibre Network’

    $3.2m is neither fair nor reasonable based on the available CAPACITY of the network

    $3.2m is all that shareholders will likely get

    share buybacks reducing the cash consideration to shareholders

    will creative accounting effectively make the above cash consideration $nil?



 
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(20min delay)
Last
13.0¢
Change
-0.005(3.70%)
Mkt cap ! $38.71M
Open High Low Value Volume
13.5¢ 13.5¢ 12.5¢ $95.26K 730.0K

Buyers (Bids)

No. Vol. Price($)
7 164113 12.5¢
 

Sellers (Offers)

Price($) Vol. No.
13.0¢ 7776 2
View Market Depth
Last trade - 15.53pm 01/08/2025 (20 minute delay) ?
5GN (ASX) Chart
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