Well I don't think Novomatic are that silly. Sure they 've lost a bomb on the AGI purchase but as Bugis has said they've short tracked access to the biggest market it the world and increased exposure in Asia.
Surely they did the numbers on the possibility their holding could drop substantially and what affect that would have on their revenue.
Long term that has to be a winner for them IMHO.
What I'd like to know is, has anything changed with the relationship between the 2 now that their holding in AGI is a fraction of what they paid.
I can't believe they can stand by without making some sort of adjustment after what's transpired since the arrived on the register.
Ann: AGI Release re Trading Update, page-12
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Last
75.0¢ |
Change
0.005(0.67%) |
Mkt cap ! $252.5M | |||
| Open | High | Low | Value | Volume |
| 74.5¢ | 75.0¢ | 74.0¢ | $8.3K | 11.11K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 72.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 75.0¢ | 2161 | 1 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| AGI (ASX) Chart |
