You are kidding yourself if you think the board will take action.
Why would they? It's not a takeover offer! they dont need to buy back A Class, they are actually better off just leaving them there and utilising the cash to drive greater returns.
I have written to the board on numerous occasions and had no response.
They rely on the letter of the law and have done so far and I suggest will do moving forward. So the boards position is no change!
Based on this premise the offer stands;
Take it and get your cash out
Vote it down and you are guaranteed to loose at least 40% to 50%.
The more I thnk about it the more I think you are a stooge for the board or someone that hasn't really thought through the consequences espescially for the majority of shareholders that have had enough and want their cash out. Only the existing board would be in favour of this!
- Forums
- ASX - By Stock
- ECL
- its not over yet...
its not over yet..., page-7
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ECL (ASX) to my watchlist
(20min delay)
|
|||||
Last
$3.11 |
Change
-0.030(0.96%) |
Mkt cap ! $90.17M |
Open | High | Low | Value | Volume |
$3.14 | $3.14 | $3.11 | $9.998K | 3.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6214 | $3.14 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.30 | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6214 | 3.140 |
2 | 4200 | 3.110 |
1 | 333 | 3.000 |
1 | 1000 | 2.940 |
1 | 1000 | 2.400 |
Price($) | Vol. | No. |
---|---|---|
3.300 | 10000 | 1 |
3.500 | 100 | 1 |
3.950 | 10000 | 1 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
Last trade - 12.13pm 11/11/2024 (20 minute delay) ? |
Featured News
ECL (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, MD & CEO
Charles Armstrong
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online