I think you're behind the eight ball here.
The takeover bid is just that. Over. This is a new move.
I've never liked the prospect of spliting AGL in two. I don't see how an aging coal-fired power company (Accel) can remain a viable company as the energy transition picks up pace.
There's a lot of uncertainty with Cannon-Brookes purchase of 11.5% of the company, but I like his perspective and will be voting against splitting the company in two.
There are some self-interested dinosaurs sitting on the AGL Board. It would be great to see them go too, starting with that fossil Grame Hunt.
News: AGL UPDATE 1-Cannon-Brookes seeks 11.5% stake in Australia's AGL Energy -JPMorgan, page-39
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Last
$11.47 |
Change
-0.270(2.30%) |
Mkt cap ! $7.716B | |||
| Open | High | Low | Value | Volume |
| $11.64 | $11.67 | $11.45 | $26.40M | 2.290M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200 | $11.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.47 | 7447 | 1 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| AGL (ASX) Chart |