Considering the current price it is unlikely that any shareholder other than Prime is going to subscribe to DES. In that case they will own over 45% holding post right issue. From memory over 20% holding will make a forced takeover case....?
Please share your views based on your knowledge. Cheers
prime media : takeover ......
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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
| Last trade - 14.24pm 06/09/2024 (20 minute delay) ? |
| DES (ASX) Chart |