Depends on the offer.
The share price matches the share price, unless there is expected to be other suitors in which case the SP could exceeds the offer.
If you want an example have a read of latest announcement by CGL, as they just got offer if 5.70 (less the 15c special divi expected), and they now trade at 5.57.
Ann: Akida Validation, page-319
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Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $304.1M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 15.5¢ | $380.9K | 2.450M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 1104665 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 478969 | 12 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| BRN (ASX) Chart |