Volatile, but with any luck, it could even end up. One analyst has upgraded their target SP to about 16.50.About 10% of MC being made available at 12.00 to instos and current shareholders will be a magnet for a while but if the macro behaves, I think it can reach escape velocity.
The deal is fair and highly cross promotional across both platforms, so no reason why this shouldn't be a higher valued business after the deal. Also, no integration issues to worry about as they are maintaining separate platforms.
Ann: Strategic acquisition of Tile & Equity Raise - Investor Pres, page-10
Add 360 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$16.20 |
Change
-0.220(1.34%) |
Mkt cap ! $3.602B | |||
| Open | High | Low | Value | Volume |
| $16.08 | $16.26 | $15.60 | $9.353M | 581.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $16.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.21 | 361 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| 360 (ASX) Chart |