Yep, it's called "Hobsons choice".....the helping hand that simultaneously shafts you.This unfortunately is the lot of those trying to raise funds in a poor market. If we were still peddling U308 only then I fear this would be our fate.
I hope I'm wrong, but I don't see the line of sight from a good IPO for Vanadis to a climbing SP for AEE. Someone already said it here a while back; right now we own 100% of it, so how will owning only 80% increase our value?
In my mind in the 1-2yr term this is only a cash raising exercise for Tiris. The possible SP rises that come from Vanadis will be due to things they are yet to do in the next 12-24 months.
Yep, it's called "Hobsons choice".....the helping hand that...
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Last
13.5¢ |
Change
-0.015(10.0%) |
Mkt cap ! $98.93M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 13.5¢ | $192.0K | 1.363M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 639776 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 8856 | 2 |
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| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| AEE (ASX) Chart |