need to buy out other holders. At a premium
however, the better option would be to sell Aristo.
Then use the proceed to pay off megabank, then a share buy back.
if they buy back 200 million shares, this would mean Somboon holding would now increase from 42% to 50%, without coughing up anymore money.
Aristo can fetch USD$50mn, after paying out debts, We’re left with USD $30mn = AUD $42mn
buy back 200mn shares at 6 cents, cost AUD $12mn. DNA still left with AUD $30mn in the bank
need to buy out other holders. At a premiumhowever, the better...
-
- There are more pages in this discussion • 320 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DNA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.76M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 150000 | 3.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.7¢ | 217914 | 2 |
View Market Depth
| Last trade - 12.14pm 12/07/2024 (20 minute delay) ? |
| DNA (ASX) Chart |
Day chart unavailable