Seems to be a lot of expectation that Mr Wilson will act in the interests of all CTN shareholders but that's not his job, it's the CTN Boards. Any deal that has him out at NTA would be acceptable to him. There's nothing stopping Naos entities buying his shares at market and then him also receiving a "fee" for the difference between market and NTA. Sure, Naos could lose the discount value (circa $900k) but if they are confident in their own abilities this may only be temporary until the discount closes. If not it's just another cost that will probably come out of CGAs $12.5m somehow. There's no way this deal was done without GWs blessing - the risk to Naos and CGA without it would have been too great.
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Last
43.0¢ |
Change
-0.005(1.15%) |
Mkt cap ! $62.71M |
Open | High | Low | Value | Volume |
43.5¢ | 43.5¢ | 42.5¢ | $81.38K | 189.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 88406 | 42.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
43.5¢ | 99322 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 11671 | 0.490 |
2 | 23091 | 0.485 |
1 | 9000 | 0.480 |
3 | 12614 | 0.475 |
3 | 93130 | 0.470 |
Price($) | Vol. | No. |
---|---|---|
0.495 | 8650 | 1 |
0.500 | 50101 | 2 |
0.515 | 12118 | 1 |
0.535 | 27954 | 2 |
0.545 | 23700 | 1 |
Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
NSC (ASX) Chart |