I think what they are saying is s640(1) is meant for insiders acquiring more than 20% and making a TO offer. In that case the insider might know more about the value than the outsiders and therefore an independent expert may be needed for transparency.
--------------------------------------------
BUT
as the company extract, has NOT RELEASED ANY information on drilling or ANYTHING for at LEAST 8 MONTHS,
we the share holders who paid for the drilling cannot know the full value of the company
and therefore cannot hold out or even suggest a fair and reasonable price for our stock/shares
in this situation a fair and reasonable thing to do, so that the directors appear to be fair, reasonable and helping the share holders, who pay their wages, would be to call for a independent expert's review of the company and then release the details to the market and share holders
IMO, I would think, then again I could or would be wrong, maybe
- Forums
- ASX - By Stock
- extract receives taurus bidder's statement
I think what they are saying is s640(1) is meant for insiders...
Featured News
Add EXT (ASX) to my watchlist
|
|||||
Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.18M |
Open | High | Low | Value | Volume |
0.6¢ | 0.8¢ | 0.6¢ | $10.63K | 1.522M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1530819 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 3929249 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1530819 | 0.007 |
11 | 4152665 | 0.006 |
5 | 6860195 | 0.005 |
4 | 11098750 | 0.004 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 3429249 | 11 |
0.009 | 2753165 | 7 |
0.010 | 3190525 | 6 |
0.011 | 3339656 | 7 |
0.012 | 5723472 | 4 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
EXT (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online