Ann: IGO: IGO Takeover of JML - Investor Presenta, page-60

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 11,543 Posts.
    lightbulb Created with Sketch. 273
    re: Ann: IGO: IGO Takeover of JML - Investor ... Webbie,

    Agree entirely (also as a IGO holder), giving them 30% of our assets is already a tad too generous. With effective control now in hand IGO will have the optionality of creeping up further, either incrementally every 6 months or whenever JML needs to make a CR which all other holders do not take up. Then there is the option of bidding for the rest again further down the track, and then there will be no need to offer a control premium, for what will by then be a controlled subsidiary.

    A very generous offer. No need to increase it. Phase 1 of the job done now, control in hand.

    EL
 
watchlist Created with Sketch. Add IGO (ASX) to my watchlist
(20min delay)
Last
$5.09
Change
-0.110(2.12%)
Mkt cap ! $3.937B
Open High Low Value Volume
$5.11 $5.20 $5.09 $15.77M 3.077M

Buyers (Bids)

No. Vol. Price($)
7 44376 $5.09
 

Sellers (Offers)

Price($) Vol. No.
$5.10 48941 4
View Market Depth
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
IGO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.