May not be that simple. AVO with a blocking stake has stated that it will not accept the RMS offer. If RMS walks away, DIO price may drop and RMS may go back up.
In the meantime, RMS may make some announcements to boost its share price to make their proposal looks sweeter.
arbitrage opportunity, page-2
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Last
$1.83 |
Change
-0.020(1.08%) |
Mkt cap ! $2.089B | |||
| Open | High | Low | Value | Volume |
| $1.83 | $1.83 | $1.79 | $2.604M | 1.437M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 39 | 33041 | $1.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.83 | 10207 | 6 |
View Market Depth
| Last trade - 15.09pm 08/08/2024 (20 minute delay) ? |
| RMS (ASX) Chart |