Hi KKW,
leaving it to the last minute I suppose depends on whether they say "We are pre-empting" or "we are pre-empting because we have received a superior offer from XYZ" i.e. whether it can leave them open to receiving a superior bid from someone else!
Also, doesn't it have the ring of material news? I would hope there would be a trading halt and an announcement following stating they have received an offer worth $. But what do I know? ASX rules and regulations have me puzzled at times.
FAR the book, page-24
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Last
47.0¢ |
Change
-0.015(3.09%) |
Mkt cap ! $43.43M | |||
| Open | High | Low | Value | Volume |
| 47.0¢ | 47.5¢ | 47.0¢ | $9.995K | 21.23K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 82233 | 47.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 50000 | 1 |
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| Last trade - 15.00pm 27/09/2024 (20 minute delay) ? |
| FAR (ASX) Chart |