Simply put;
1. HAW told you blokes yesterday they don't want to spend a single cent on Bevan,
2.their own GEO said the DSO for HAW was not that attractive
3. HAW still owe LCY money for phase 2 and 3
4. LCY have told us today negotiations for a buy out are continuing
5. KFC told us in November they want Bevan and needed to sort out a funding plan
So my take on the stalemate to a deal is as follows:
An extract of a conversation between Shaz and KFC below:
KFC: Sharon we want the rest of Bevan now go tell HAW we will give them $5 mill
Shaz: KFC I will forward the offer but they will refuse given I managed to steal 60% for peanuts already
KFC: How did you go with the offer
Shaz: No luck KFC they want more
KFC: Ok I do not have authority to increase the offer so will go back to the board and beg for more
shaz: ok you do that
one month later and quite a few beef vindaloos later
KFC: shaz good news I have managed to raise another 1 mill go back to HAW and offer 6 mill
shaz: Do I really have to as the offer is still too small
KFC: yes yes its a very good offer they will accept
Shaz: KFC HAW said no they want more
like sands in the hour glass and quite a few more months of haggling on price...............
KFC: ok shaz our last and final offer 20 mill, 1 year supply of vindaloo and naan and if they say no then we will take our bat and ball home and won't play
Shaz: (after complete exhaustion and frustration) says: KFC I think we could have a deal...LOL
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Mkt cap ! $107.9M |
Open | High | Low | Value | Volume |
1.5¢ | 1.5¢ | 1.3¢ | $4.087K | 306.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 165121 | 1.3¢ |
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Price($) | Vol. | No. |
---|---|---|
1.4¢ | 38917 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 165121 | 0.013 |
2 | 349824 | 0.012 |
2 | 128417 | 0.011 |
2 | 100011 | 0.010 |
1 | 120000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 38917 | 1 |
0.015 | 59754 | 2 |
0.016 | 284499 | 4 |
0.017 | 1023053 | 6 |
0.018 | 169396 | 3 |
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