im not so sure about them buying us out.
if u factor in the 30-40% takeover premium thats cash backing.
so they get the technology for "free". mind you they already spent alot personally to acquire shares at $1.90-2.50 (kinghorn paid $44m net to buy shares at 2.50 and 1.90). they still need to spend personal money to commercialise the technology. if it was listed, they can continue to tap into public funds (dilutive no doubt). im holding until at least cash backing.
lets call for an egm: change of directors, page-18
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Last
4.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.158M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 35710 | 2.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.8¢ | 10000 | 1 |
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| Last trade - 16.12pm 29/11/2024 (20 minute delay) ? |
| WEC (ASX) Chart |
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