Shareholders definitely viewing the premium as paying-over-the-odds; and clearly the one reason being to block any takeover of Southern Cross.
Perhaps this is not exclusively for us shareholders' interests, but also for Murdochs' media empires'.
Definitely see some bad sentiment here....
But I suspect ARN will still prove to have the strongest balance sheet in the sector, don't you???
Ann: ARN Media acquires equity interest in Southern Cross Media, page-24
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69.5¢ |
Change
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Mkt cap ! $223.8M | |||
| Open | High | Low | Value | Volume |
| 70.0¢ | 71.8¢ | 69.5¢ | $2.903K | 4.152K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12158 | 69.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 72.5¢ | 2400 | 2 |
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