The idemitsu holdings puts a floor on the price of Delta at 0.7c.
They dont need to vote with the board. Low ball offer of $1 would put the MC at close to $450-500m. Hmm...hoping for an offer of >$2.
My question is why need to do a takeover at all? Could just focus on growing the business.
Ann: Board Changes, page-51
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Last
22.0¢ |
Change
-0.005(2.22%) |
Mkt cap ! $156.9M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 23.5¢ | 21.0¢ | $124.1K | 552.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14313 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 5128 | 1 |
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| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| DLI (ASX) Chart |