So everyone is now happy we get taken over by South Africans at sub 20c per share.
Yes?
They have lots of CN to convert. They have been buying on market and we are going to give them 50m free options to keep the price low enough to make a generous bid?
I take it everyone is happy with that situation as that is what is developing.
How many other small Australian companies with a great resource get taken over for a pittance. Answer lots, happens all the time. You do it by suppressing price long enough, look at PNA, then make a friendly take/over.
Vote in 50m options, vote in a cheap T/O.
Well connected is cr@p. I'm very well connected in my own industry, with the largest players in Australia and some of the largest players in the world. It means nothing to my business and sales.
Time to reflect on PLS, page-15
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$2.69 |
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Mkt cap ! $8.100B | |||
| Open | High | Low | Value | Volume |
| $2.76 | $2.76 | $2.64 | $113.9M | 42.48M |
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| No. | Vol. | Price($) |
|---|---|---|
| 22 | 171620 | $2.68 |
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| Price($) | Vol. | No. |
|---|---|---|
| $2.69 | 87000 | 2 |
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