None of this makes any sense.....
The Indian company are reportedly willing to pay $1b for 20% of Advent' share (85% of the total) which is roughly 17% of the total.
Given BUY will own 15% once the drill is complete surely a takeover of BUY would be a far more beneficial for a buy in to this opportunity for this compeny.
Getting involved in what is a messy patchwork quilt of ownership in Advent or a complete takeover of Bounty for roughly the same stake at probably a lower value...doesn't seem to add up to me!!
None of this makes any sense.....The Indian company are...
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.994M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $1.785K | 446.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2305345 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 6405399 | 9 |
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| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| BUY (ASX) Chart |