Depends how you look at it I guess.
IBR holders (who held on) are winners:
- Did'nt fold on principle.
- Could get a revised higher off down the track?
or IBR are losers:
- Caught in a relatively illiquid stock.
- Possible delay in any progress of Armenia/Portugal due to extended corporate issues as a result of failed take over.
- Lost say on what the co.'s future will hold, 86%+ shareholder calls all the shots with that much control. Whilst they can voice their opinion, they can be totally ignored as well.
TMR are losers:
- Obviuosly because the bid failed, they didn't get what they want yet.
- May need to increase offer for remaining shares.
- Can't get total synergy with both co's merging & facing increased listing costs etc.
TMR are winners:
- Have still gained 86%+ control of the assets they wanted in Armenia and Portugal (which is still more than the 80% IBR controlled up until a few months ago when they bought out Global Gold's 20% interest)
- Have control of all decisions and cash flow in IBR, (they have to pay out minorities, but they have total say).
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i have had enough, page-8
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Mkt cap ! $3.092M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 5573109 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 4682718 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 5573109 | 0.003 |
22 | 22320499 | 0.002 |
15 | 45000203 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 4682718 | 9 |
0.005 | 6679508 | 8 |
0.006 | 3704400 | 4 |
0.007 | 3621856 | 6 |
0.008 | 1550000 | 3 |
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