well work out the average price to get 40% of company.
They will be looking for at least 5x return in 1.5-2 years.
307.7M at 1.3c
40M at 2.5c
35M at 5c
30M at 7.5c
so average of 2.18c buy price.
so they are currently valuing TEE at 2.18c x 1022M shares fully diluted = $22.3M...
mmm 1.3c starts to look cheap as it only values TEE at 13.3M fully diluted....
finally : ready to fire for takeover, page-4
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Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.703M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 10.0¢ | $138 | 1.375K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 52352 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 50000 | 1 |
View Market Depth
| Last trade - 10.09am 11/11/2024 (20 minute delay) ? |
| TEE (ASX) Chart |