It's not just the flooding. The comments on the drought were concerning. When a company lacks cashflow and profit, this is the last thing they need.
There is no need to make a takeover offer at a premium. If Tavistock wants more it just flags the precarious position, watches the stock drop more, then props it up with a discounted rights offer or CB, backed by it.
I would like to buy back in, but only after what seems like inevitable dilution happens.
It's not just the flooding. The comments on the drought...
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Last
$1.36 |
Change
0.005(0.37%) |
Mkt cap ! $852.9M | |||
| Open | High | Low | Value | Volume |
| $1.35 | $1.36 | $1.35 | $52.54K | 38.91K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13013 | $1.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.37 | 3110 | 5 |
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| Last trade - 11.38am 29/11/2024 (20 minute delay) ? |
| AAC (ASX) Chart |
