It is about money. They are asking for 1.4% of the company revenue for stage 1 and 2.1% of the company revenue from stage 2, whereas SFX offers them initially 0.5% and then 0.75% with some other benefits. They are talking about huge money here. I have read the entire case and here is the link below
http://www.austlii.edu.au/cgi-bin/v...ntext=1;query=Sheffield Resources ;mask_path=
Ann: Sheffield Secures Derby Port Access Agreement, page-25
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19.5¢ |
Change
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Mkt cap ! $118.4M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.8¢ | 18.0¢ | $25.49K | 129.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10009 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 2000 | 1 |
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