What’s holding you back from dipping the toes in here Nabaru? If you think there’s a likelihood of corporate activity then wouldn’t this be a strong catalyst to drive the SP?
I’ll have to look more closely at Greentech though I do recall seeing that 82% figure. I also recall seeing they have around 50m HKD in debt and 100m HKD in cash and no other assets. So my quick calc is HKD1.1bn market cap x 0.19 exchange = A$210m less net cash $10m is A$200m for 82% of JV stake in Renison or for A$244m for the whole 50% JV stake. Based on 907m SOI is 27cps MLX equiv.
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What’s holding you back from dipping the toes in here Nabaru? If...
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Last
38.0¢ |
Change
0.010(2.70%) |
Mkt cap ! $344.3M |
Open | High | Low | Value | Volume |
37.5¢ | 38.3¢ | 37.5¢ | $305.0K | 805.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 434694 | 37.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
38.0¢ | 84796 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 424694 | 0.375 |
2 | 26212 | 0.370 |
1 | 99851 | 0.365 |
9 | 166969 | 0.360 |
5 | 286633 | 0.355 |
Price($) | Vol. | No. |
---|---|---|
0.385 | 96104 | 4 |
0.390 | 155648 | 4 |
0.395 | 65000 | 2 |
0.400 | 68866 | 4 |
0.405 | 12340 | 2 |
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