WES have done a great deal.
They have used their big jump in share price to aquire CGJ.
If you value CGJ at pre-bid WES price you get .2843*36.9+4=14.74
They have used the market's belief they will do a better job at owning CGJ to discount the amount they pay for them.
The next challange will be to bed the whole lot down and make it work. WES have a record of doing that well.
got coles for 17.25, page-6
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Last
$67.28 |
Change
0.830(1.25%) |
Mkt cap ! $76.30B | |||
| Open | High | Low | Value | Volume |
| $66.85 | $67.28 | $66.70 | $82.32M | 1.226M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 504 | $67.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $67.29 | 3798 | 3 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| WES (ASX) Chart |