Maybe they will mount a bid with the express aim to only get to 25% or so. They only need another 5% to stop ARQ bid dead in the water.
I would also think that there might already be 5% of AZA shareholders who would be happy to stop the merger!!!
So it will be a low offer but only slightly above the current ARQ/AZA takeover value.
Interesting times.
nexus increases stake in anzon to 19.2 percent, page-15
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Last
27.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $80.34M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 28.5¢ | 27.0¢ | $28.64K | 104.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 67356 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 3500 | 2 |
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| Last trade - 12.23pm 29/07/2024 (20 minute delay) ? |
| NXS (ASX) Chart |