announcement just out...Scott seems to have moved them BACK to his pension fund again., at a consideration of 64c per share.
Why? CGT advantages I'd say.
In my view, this makes it highly likely that the suspension IS a takeover for EME, or that both JRL and Mark Scott are disposing of their EME stakes.
And for the CGT advantage to occur, it would obviously have to be at a price markedly above 64c per share.
The former still my gut feel, however the latter would conform with the AFR article on Friday that suggested a 'change in control' for EME.
Cdchi1
announcement just out...Scott seems to have moved them BACK to...
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.46M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 394 | 9.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 9099 | 1 |
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| Last trade - 16.12pm 29/11/2024 (20 minute delay) ? |
| EME (ASX) Chart |
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