If you don't buy at $1 then you shouldn't have held at $3
Its only 30% new capital and if you dont take it "they" will.
With a terp at $2.38 (and crescent offer terp at $2.67) $1 should be appealing regardless of dividends (which Crescent made clear would disappear as much as a cap raise was certain (just not happy with the timing - bank a takeover chq then send another out).
Ann: Cardno Provides Market Update and FY16 Guidance, page-27
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Last
37.5¢ |
Change
-0.020(5.06%) |
Mkt cap ! $14.64M | |||
| Open | High | Low | Value | Volume |
| 39.5¢ | 39.5¢ | 37.0¢ | $6.423K | 16.99K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3208 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.0¢ | 7000 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| CDD (ASX) Chart |