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!
Cooperative Action, page-17
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Last
84.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $289.2M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 110867405 | 84.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 84.5¢ | 84633 | 12 |
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| Last trade - 10.06am 31/05/2024 (20 minute delay) ? |
| PGH (ASX) Chart |
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