There is little chance Tim Goyder would sell Zara under 100m so would expect atleast 40c a share after the announcement.
Tim has invested plenty of his personal wealth into Chalice in 2011 including a buy around 50c and then plenty of buying at around the 30c level.
For him to sign a letter of intent to sell Zara means to me that the offer was at a fair premium to current SP.
I'm happy to buy under 30c.
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$1.06 |
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Mkt cap ! $410.3M |
Open | High | Low | Value | Volume |
$1.07 | $1.07 | $1.03 | $1.638M | 1.561M |
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No. | Vol. | Price($) |
---|---|---|
1 | 99269 | $1.06 |
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Price($) | Vol. | No. |
---|---|---|
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No. | Vol. | Price($) |
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1 | 99269 | 1.055 |
2 | 11923 | 1.050 |
3 | 26424 | 1.045 |
5 | 15931 | 1.040 |
3 | 11812 | 1.035 |
Price($) | Vol. | No. |
---|---|---|
1.060 | 1182 | 2 |
1.065 | 692 | 1 |
1.070 | 12312 | 2 |
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