Hey auto,
Good news for cooper that while IPM trades below the premium COE bid, the better chance of getting it. I hope they keep buying on market.
I was trying to say before we couldn't defend a 55 cent takeover in this market IMO and I wouldn't begrudge an opportunistic bid for cooper. I can't believe when EL has been depressed about the shape of his portfolio that he seems disappointed that cooper has increased IPM price by 22% yesterday. Anyway he can watch the shareprice go back to 97 by rejecting it to keep his portfolio in its original state. Surprised he would invest in roulette wheel like cooper. If IPM is so great, he should have put all hs money in it.
takeover offer for ipl, page-32
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Last
20.5¢ |
Change
-0.010(4.65%) |
Mkt cap ! $541.2M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 21.5¢ | 20.5¢ | $948.2K | 4.560M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 2093607 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 318077 | 4 |
View Market Depth
| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| COE (ASX) Chart |