You'd have to ask the market - perhaps some holders were really keen on Midrim, not sure, but it was pretty clear that Midrim wasn't a priority to MEI. Thus, after the transaction is completed MEI will be a 12-15% shareholder of TTW which isn't too bad considering what happens if TTW goes well on the back of it!
Workings:
Current TTW shares on issue: 206,961,921
Shares to be issued to MEI: 31,250,000
Shares to be issued to another party on different transaction: 15,750,000
Total TTW shares on issue afterwards: 253,961,921
31,250,000 divided by 253,961,921 = 12.31% MEI holding in TTW
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Ann: Sale of Midrim and LaForce, page-7
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Last
9.5¢ |
Change
-0.001(0.53%) |
Mkt cap ! $222.2M |
Open | High | Low | Value | Volume |
9.7¢ | 9.7¢ | 9.3¢ | $89.08K | 942.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 26436 | 9.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.5¢ | 58701 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 1773521 | 0.011 |
11 | 2924000 | 0.010 |
6 | 4510000 | 0.009 |
7 | 2258300 | 0.008 |
1 | 142857 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 620532 | 3 |
0.013 | 1998837 | 5 |
0.014 | 926384 | 7 |
0.015 | 670000 | 2 |
0.016 | 1179000 | 5 |
Last trade - 12.21pm 27/11/2024 (20 minute delay) ? |
MEI (ASX) Chart |