...and yet by way of the latest CR management have just sold 26% of the company based on precisely that $300m value.
The CR money is in the bank (albeit temporarily) so does not factor into what would be sold for free carry.
If there was any possible chance of selling half our interest for free carry surely management would have explored it fully before rushing off to substantially dilute existing shareholder interests ?
Fisho
Constructive questions, page-7
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Last
49.0¢ |
Change
0.005(1.03%) |
Mkt cap ! $45.28M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 49.0¢ | 48.5¢ | $11.35K | 23.29K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 28052 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 30000 | 1 |
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| Last trade - 10.33am 23/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |