When its all said and done - OLY are now in (and have always been) a position to stand on their own two feet. The loan to TTY is no longer an issue...they have the resources and $$$ to pay this off no problem.
I can't see any reason why the board would reccommend an acceptance of the current 10c offer. IMO TTY will need to increase its offer, or OLY will go at it alone.
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how much has oly borrowed from tty, page-17
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Last
3.5¢ |
Change
-0.005(12.5%) |
Mkt cap ! $2.991M |
Open | High | Low | Value | Volume |
4.0¢ | 4.0¢ | 3.5¢ | $2.069K | 55.02K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 18044 | 3.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.5¢ | 13251 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 18044 | 0.035 |
1 | 25000 | 0.031 |
1 | 83517 | 0.030 |
1 | 22292 | 0.028 |
1 | 400000 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.045 | 13251 | 2 |
0.047 | 48695 | 1 |
0.054 | 40000 | 1 |
0.090 | 29362 | 1 |
0.095 | 25000 | 1 |
Last trade - 11.09am 08/08/2024 (20 minute delay) ? |
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OLY (ASX) Chart |