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
83.0¢ |
Change
0.005(0.61%) |
Mkt cap ! $285.7M | |||
| Open | High | Low | Value | Volume |
| 83.0¢ | 83.0¢ | 82.5¢ | $20.15K | 24.31K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 119574 | 82.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.0¢ | 36334 | 2 |
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| Last trade - 14.48pm 12/09/2024 (20 minute delay) ? |
| PGH (ASX) Chart |