Very good analysis.
There is only one reason and one reason only why this was an asset sale and not a company sale.....management wants to keep their jobs which wouldn't happen if the entire company was sold. Much easier to take a big salary and give yourself millions of options with $100 million in the bank. Of course this is done to the detriment of existing shareholders but since when does a management team think of the shareholders over themselves.
My guess is it won't matter. Within a month, Nevsun will make a hostile bid for $.35/share and take over their offices so management will lose in the end.
stateside
- Forums
- ASX - By Stock
- CHN
- offer analysis
offer analysis, page-2
-
- There are more pages in this discussion • 4 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 CHN (ASX) to my watchlist
|
|||||
Last
$1.46 |
Change
0.085(6.18%) |
Mkt cap ! $554.2M |
Open | High | Low | Value | Volume |
$1.38 | $1.46 | $1.38 | $2.514M | 1.767M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 4830 | $1.46 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.46 | 9617 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 660 | 1.450 |
12 | 28828 | 1.445 |
14 | 54558 | 1.440 |
10 | 98066 | 1.435 |
8 | 22714 | 1.430 |
Price($) | Vol. | No. |
---|---|---|
1.455 | 17520 | 8 |
1.460 | 52851 | 11 |
1.465 | 54250 | 7 |
1.470 | 60516 | 5 |
1.475 | 2575 | 1 |
Last trade - 12.29pm 28/06/2024 (20 minute delay) ? |
Featured News
CHN (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online