Agree Qinjun, there is maybe more than meets the eye.
Question-After the mining asset is sold why would Regent Pacific HK want to retain 33% of an ASX listed shell? They could have sold shares and walked. Regent are now fully focussed on their significant investment in Plethora Solutions so why bother hanging around unless they have an idea for the shell.
In terms of the copper sale, I think if there is another deal for the shell then it is a means to an end. It makes sense to sell, but is this the best price or deal structure for minority shareholders who invested for the copper development.
Agree Qinjun, there is maybe more than meets the eye....
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$2.19 |
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Mkt cap ! $599.8M | |||
| Open | High | Low | Value | Volume |
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| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| DVP (ASX) Chart |