nihilism
you've got it wrong
they may be forced to take one of the other deals which arent as good but under all circumstances the bidder must repay the loan (c.$35m) in addition to the bid price
so if the deal falls through and the next bidder wins, SRK still receives $35m plus the c.$18m they already have plus $4m from Berua so that would be around $57m (40c per share)
bear in mind no tax will be paid on this either
the loans are secured so very little chance of D&C walking away with the assets
to receive us $62 & market cap $16m wow, page-29
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Last
3.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.931M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24670 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 4161 | 1 |
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| Last trade - 16.12pm 27/09/2024 (20 minute delay) ? |
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