If the share price is hovering around the $4 mark, any takeover bid in the mid 4's just aint gonna cut it.
Shareholders will only vote yes if the bid has a decent premium attached....such as at least 40-50%.
That means on a SP of $4, the bid would need to be around $6.
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Last
$6.66 |
Change
0.010(0.15%) |
Mkt cap ! $248.8M | |||
| Open | High | Low | Value | Volume |
| $6.67 | $6.67 | $6.64 | $765.6K | 114.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2217 | $6.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.66 | 17844 | 1 |
View Market Depth
| Last trade - 16.10pm 24/06/2025 (20 minute delay) ? |
| TRS (ASX) Chart |