sorry guys
looks like I unfortunately nailed it a couple of days ago
DES cant fund this - looking at the balance sheet, its obvious, unless Prime steps in - or, they make a share for share offer (why would BYI shareholders accept that?)
If they do make a script offer, expect DES shares to plunge, as BYI has had no liquidity in trade for a loooooooong time, and holders will exit.
This one is bad news, and DES used debt to fund the 10.03% - looks like an ill conceived plan to me.
see article
http://www.news.com.au/heraldsun/story/0,21985,22950850-664,00.html
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Last
12.5¢ |
Change
0.005(4.17%) |
Mkt cap ! $7.945M |
Open | High | Low | Value | Volume |
12.0¢ | 12.5¢ | 12.0¢ | $11.47K | 95.35K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 4567 | 12.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.5¢ | 13938 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 4567 | 0.125 |
1 | 15302 | 0.120 |
2 | 15171 | 0.115 |
1 | 43184 | 0.110 |
1 | 41542 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 13938 | 1 |
0.160 | 10000 | 1 |
0.165 | 42865 | 1 |
0.175 | 5719 | 1 |
0.185 | 5410 | 1 |
Last trade - 14.24pm 06/09/2024 (20 minute delay) ? |
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DES (ASX) Chart |