That's a fair point. Looks to me like IAB is trying to decrease their debt levels and may have been pressured for the sale. They sold the business for $2m cash (or $5.7m including attached debt).
5GN acquisition discussion, page-6
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Last
15.5¢ |
Change
0.005(3.33%) |
Mkt cap ! $42.74M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 15.5¢ | $105.4K | 676.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 548194 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 385666 | 7 |
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| Last trade - 16.10pm 03/12/2024 (20 minute delay) ? |
| 5GN (ASX) Chart |
