Supernova7
Im just applying the standard 20% to the current SP which has been hovering around $3.40.
FGL spent $8bn acquiring these wine assets, so no matter what the purchase price is any buyer will be getting them at a substantial discount.
The other factor to remember is that alot of shareholders (LT) will be looking at getting out of what has been a dreadful stock for ages (FGL pre split) - my opnion only - so any chance to get out for a bit of a profit will be welcomed.
The second set of shareholders are those that bought in post split with the sole intention of selling into a takeover. They will be happy with 20-40%.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$7.68 |
Change
-0.230(2.91%) |
Mkt cap ! $6.231B | |||
| Open | High | Low | Value | Volume |
| $7.90 | $7.91 | $7.66 | $42.21M | 5.467M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 26059 | $7.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.70 | 5319 | 3 |
View Market Depth
| Last trade - 16.10pm 29/07/2025 (20 minute delay) ? |
| TWE (ASX) Chart |