The issue of pre-emptive rights would have had to be settled before BRU undertook the purchase, it may have been that the JV agreement did not have a PER clause, or more probable OBL would have been asked to match the BRU offer, which one would have to assume they declined.
As for a statement from OBL, nothing heard since the maiden profit announcent, which will only make the ATO happy :-)
time for an opinion from management, page-5
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Last
2.3¢ |
Change
-0.001(4.17%) |
Mkt cap ! $13.34M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.5¢ | 2.3¢ | $36.42K | 1.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1550046 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 200000 | 1 |
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| Last trade - 14.27pm 14/11/2024 (20 minute delay) ? |
| EMP (ASX) Chart |