There's no certainty to Stokes, and he knows that. It's simply the risk/reward is favourable. Eric has been around long enough to know that his job is to ensure the company survives and prospers, and there's no guarantee the Canning will succeed. So it's a way of hedging bets, and a combined entity will very easily survive a Canning failure, or the time it takes to prove success.
And serious Canning success will have a material effect, even on the merged company.
merger, page-2
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Last
$3.46 |
Change
-0.030(0.86%) |
Mkt cap ! $2.273B | |||
| Open | High | Low | Value | Volume |
| $3.60 | $3.65 | $3.36 | $12.86M | 3.748M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 18579 | $3.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.47 | 60632 | 3 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| EMR (ASX) Chart |