I cannot believe that the existing large current share holders who represent 50% of shares on issue would vote for this overpriced acquisition with mostly pie in the sky assets. A previous blogger posted that we are paying 95c per share for an earnings per share of something like .008c per share. I am sure that the large shareholders are smart than this so why are they sitting on their hands. Is the proposed acquisition going to a vote. ??
Existing shareholder vote
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Last
$3.88 |
Change
0.030(0.78%) |
Mkt cap ! $2.051B | |||
| Open | High | Low | Value | Volume |
| $3.87 | $3.90 | $3.84 | $5.238M | 1.351M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 36727 | $3.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.89 | 22407 | 3 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| DRR (ASX) Chart |