Not anything new in the announcement. I wouldn't take anything positive away from the 2c level the deal was done on. It would have been based on when the deal was made and for a particular price. If it was negotiated today they just would have asked for another 2M shares.
Remember they're buying this partially to flip it. And if you've invested $140k in OBL you could have bought this block and had some money left over. What I mean by that is it's not really a big deal. If they can flip it for a couple of times what they bought it for then I guess sure why not. It's a roundabout CR at a higher price than they could currently get at market or with Lind. Pays a couple of months of admin costs or something. *shrugs* Better than nothing I guess.
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- nice move neill
nice move neill, page-7
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.312M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6300 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 566666 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 683870 | 0.003 |
19 | 25757561 | 0.002 |
15 | 18215015 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 11012939 | 22 |
0.005 | 5224950 | 6 |
0.006 | 9926666 | 4 |
0.007 | 7845449 | 7 |
0.008 | 3646766 | 2 |
Last trade - 10.43am 08/11/2024 (20 minute delay) ? |
EMP (ASX) Chart |