IMHO,
1. If we had a reasonable offer in the first instance, then it would have been a done deal.
2. a reasonable offer considering the independent valuation would have been some where north of $1
3. I can't see the deal slipping away when only 4% is required - the costs would be huge.
So what if there is a capital raising as per the letters - we will purchase more LOL - as a percentage of our total portfolio, the dilution of a capital raising will be SFA - The dilution of 86% will be more!
Good luck to all the holders!
IMHO,1. If we had a reasonable offer in the first instance, then...
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Last
77.5¢ |
Change
-0.010(1.27%) |
Mkt cap ! $266.8M | |||
| Open | High | Low | Value | Volume |
| 78.5¢ | 78.5¢ | 77.0¢ | $27.80K | 35.72K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5926 | 77.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 81.0¢ | 549 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
77.5¢ |
Change
-0.010 ( 3.13 %) |
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| Open | High | Low | Volume | ||
| 78.0¢ | 78.5¢ | 77.5¢ | 7117 | ||
| Last updated 15.56pm 14/06/2024 ? | |||||
| PGH (ASX) Chart |