"The Vimson deal, apart from being at a huge discount, has blind sided everyone and is to date unable to be explained."
It is actually worse than that. Any company/individual wanting to buy into another company in a big way would normally find the purchase of shares would send the share price UP. For example takeover bids are always at a very significant premium. To let Vimson buy in at a 20% discount indicates we were desperate, either for the money, or for the votes. If Vimson truly saw TNG as a worthwhile place to be they would have paid 15c (give or take) and still received a very worthwhile stake in TNG at a very good price. If nothing else Rex should be sacked for incompetence.
- Forums
- ASX - By Stock
- TNG signs Titanium offtake deal
"The Vimson deal, apart from being at a huge discount, has blind...
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TVN (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.0¢ |
Change
0.001(2.04%) |
Mkt cap ! $86.37M |
Open | High | Low | Value | Volume |
4.9¢ | 5.1¢ | 4.9¢ | $119.9K | 2.412M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 86483 | 5.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.1¢ | 75153 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 86483 | 0.050 |
2 | 74629 | 0.049 |
7 | 589792 | 0.046 |
14 | 1120247 | 0.045 |
1 | 20000 | 0.044 |
Price($) | Vol. | No. |
---|---|---|
0.051 | 75153 | 1 |
0.052 | 250000 | 1 |
0.055 | 82510 | 1 |
0.057 | 25000 | 1 |
0.059 | 423800 | 1 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
TVN (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online