ASM 1.83% 80.5¢ australian strategic materials limited

125 million usd for 10% of dubbo by an investor- with a current...

  1. 523 Posts.
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    125 million usd for 10% of dubbo by an investor- with a current market cap of 500 million any investor could attempt to acquire a 10% stake in ASM for 50 million AUD (35million USD). a 125 million USD (180aud) for 10% of dubbo sounds very steep at current share price. thinking out loud what investor would go for this kind of deal, when they could spend thhe same amount and acquire much more than 10% of ASM as a whole (not just dubbo) for this much or less?

    Shares on issue is 141 Million
    10% Stake in ASM is 14 million.
    Try buying 14 Million at Market and see where the price goes to when it is tightly held, they simply are not available and the more they are not availble on market the higher the price goes.
    Bot trading does not determine the true value of a company.

 
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Last
80.5¢
Change
-0.015(1.83%)
Mkt cap ! $145.8M
Open High Low Value Volume
82.0¢ 83.0¢ 79.0¢ $384.5K 476.1K

Buyers (Bids)

No. Vol. Price($)
1 11039 79.0¢
 

Sellers (Offers)

Price($) Vol. No.
80.5¢ 36943 2
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
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