My guess is we know Goyder will reject the first 1-2 offers at LTR. The last high was around $10.50.
First offer comes in around $10.50 representing a premium on current prices. Rejected.
Second offer comes in at ~$12.00. Rejected.
Now the waiting game comes in and the 1-2 bidders are forced to make a nice take over offer or bid for Chalice management and Goyder to tell shareholders to accept the deal. This could backfire as LTR hasn't received an offer either but shareholders have a choice to sell on the open market.
CHN chart, page-5276
-
- There are more pages in this discussion • 3,138 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CHN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.38 |
Change
0.030(2.23%) |
Mkt cap ! $534.8M | |||
| Open | High | Low | Value | Volume |
| $1.37 | $1.38 | $1.35 | $3.483M | 2.552M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8720 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.38 | 12464 | 1 |
View Market Depth
| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| CHN (ASX) Chart |