So EWI uses its insolvency trigger to force EWC in to payment.
EWC obviously can not repay EWI accepts shares in EWC, so all share holders including Chandler get diluted to a percentage that allows EWI take over.
Nothing Chandler can do about it unless he cough's up enough to maintain his % in EWC.
Will he or is it cheap to take the tax write off and chalk it up to experience.
Contrary Indicator?, page-12
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Last
2.0¢ |
Change
-0.003(13.0%) |
Mkt cap ! $29.24M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 1.9¢ | $15.13K | 757.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1258505 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 77196 | 1 |
View Market Depth
| Last trade - 15.59pm 29/11/2024 (20 minute delay) ? |
| EWC (ASX) Chart |
