Newry, at $0.60 Shougang is still getting the company dirt cheap. They wouldn't be able to buy that stake on market so this is the only way to go. Also to get shareholder approval for the deal they have to offer a premium to market price for the equity they will put in.
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i dont get it, page-2
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Open | High | Low | Value | Volume |
30.5¢ | 31.0¢ | 29.0¢ | $332.0K | 1.101M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 37786 | 29.5¢ |
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Price($) | Vol. | No. |
---|---|---|
30.0¢ | 12500 | 1 |
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No. | Vol. | Price($) |
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1 | 37786 | 0.295 |
3 | 55641 | 0.290 |
2 | 64000 | 0.285 |
3 | 50540 | 0.280 |
1 | 36000 | 0.275 |
Price($) | Vol. | No. |
---|---|---|
0.300 | 12500 | 1 |
0.305 | 58540 | 2 |
0.310 | 115000 | 3 |
0.315 | 49000 | 2 |
0.320 | 305000 | 3 |
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