Here is my belief of what will transpire:
1. Announcement on Wednesday morning of new acquisition subject to due diligence and contract finalisation.
2. Within a month we have finalisation of the acquisition and another trading halt. This second trading halt will advise of a capital raising placed with institutional investors for part payment of the acquisition.
As long as a dividend paid still I don't mind. But if there is an insto placement only and cash for the new acquisition that removes the chance of a divvie - I think I would be very dissappointed in the co.
I don't think Gordon McKern will do that though.
I think he might surprise us with a sspp.
Here is my belief of what will transpire:1. Announcement on...
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Last
16.5¢ |
Change
-0.005(2.94%) |
Mkt cap ! $17.59M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.5¢ | 16.5¢ | $5.551K | 33.64K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 79866 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 102 | 1 |
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| Last trade - 13.17pm 02/12/2024 (20 minute delay) ? |
| EVZ (ASX) Chart |
