So you would be in favour of selling Dia if we nett $21m (277m shares have been issued since the acquisition @ 7.5c would equal $21m) ?
That would see the gain on sale as offsetting the diabolical Bergen dilution and leave us with ADO 'classic' and a whack of cash to fund the next 3-5 years.
That would justify an instant SP rise to 7.5c (not that the market would do that) and put a cat among the pigeons on the 'big short'.
DIA, page-2
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Last
2.1¢ |
Change
-0.001(4.55%) |
Mkt cap ! $51.83M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 2.1¢ | $7.817K | 372.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 192257 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 944185 | 6 |
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| Last trade - 15.43pm 20/06/2024 (20 minute delay) ? |
| ADO (ASX) Chart |