"Why would management tell the world what a terrible position the company is in? i.e. RC before scheme is binding."
Because if it is price-sensitive then the ASX requirement of continuous disclosure kicks in. I don't think I'm alone in feeling lied to by Cottee (either before the offer or since, I'm still having trouble working out which). Either way, I'm not happy about it.
"Why would management tell the world what a terrible position...
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Last
4.9¢ |
Change
-0.004(7.55%) |
Mkt cap ! $36.26M | |||
| Open | High | Low | Value | Volume |
| 5.1¢ | 5.1¢ | 4.9¢ | $38.74K | 782.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 333765 | 4.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.3¢ | 299892 | 1 |
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| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| CTP (ASX) Chart |