Thanks Patient, Interesting Investment Brief from NAOS.
It's possible NAOS have investments in both EGG and SGN (well we know they have investments in EGG) and will push for a merger/takeover sometime. I note that EGG will be out of it's 'Payout' Period in September this year and with a cash balance available (hopefully), they can start to borrow again and perhaps get some merger activity going.
Just a possible scenario in the next year or so, but investing in shares is Highly Risky (as I note most of the T&C's with the brokers say and you have to agree with them!)
Good to have a Company like NAOS on board with a fairly high percentage, so at least they can wave off any 'low ball' offers etc.
Ann: Change in substantial holding, page-3
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Last
$1.18 |
Change
0.015(1.29%) |
Mkt cap ! $99.80M | |||
| Open | High | Low | Value | Volume |
| $1.17 | $1.18 | $1.15 | $140.8K | 120.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9500 | $1.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.18 | 3932 | 1 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| EGG (ASX) Chart |
