"The proposal is non-binding and incomplete and the directors advise that no assurance can be given that any binding transaction will result."
And if they provide more details and the negotiations fall through, what happens then? Or if the incomplete details change significantly?
They've committed to providing an update in 2 weeks. Better to know when there's a real deal than what might have been, particularly if it doesn't work out, imo.
non-binding letter , page-30
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Last
$1.37 |
Change
0.025(1.87%) |
Mkt cap ! $571.8M | |||
| Open | High | Low | Value | Volume |
| $1.33 | $1.37 | $1.31 | $2.349M | 1.749M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6763 | $1.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.37 | 1808 | 2 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| CHN (ASX) Chart |
