Regal seem to have built up their shareholding over the last 3 or so years. In this period PAC's share price has ranged from around $5 to a short stint at $9. From last years Annual Report Regal held around 6.8m PAC shares.
So if an alternative bid were to be successful, at say $11 plus, and Regal's average price per PAC share was around $6.50 to $7.00, they would walk away with at least a $27m profit - not bad for second prize.
A lot of assumptions involved in this exercise so it is only my view of the situation. DYOR.
Regal seem to have built up their shareholding over the last 3...
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Last
$2.49 |
Change
0.020(0.81%) |
Mkt cap ! $7.353B | |||
| Open | High | Low | Value | Volume |
| $2.50 | $2.50 | $2.44 | $2.025M | 820.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 704 | $2.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.49 | 12569 | 2 |
View Market Depth
| Last trade - 16.10pm 27/05/2024 (20 minute delay) ? |
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Last
$2.46 |
Change
0.020 ( 1.20 %) |
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| Open | High | Low | Volume | ||
| $2.49 | $2.50 | $2.44 | 153291 | ||
| Last updated 15.59pm 27/05/2024 ? | |||||
| GQG (ASX) Chart |