No target wants a suitor to buy well. Shareholders expect their directors to sell well. Nothing has been sold yet and there are many hurdles to be overcome. The bid has no premium built in and the scheme of arrangement has grey areas which are a worry. I think that's why the share price fell and now languishes - a sign that the market has less confidence in the process than the AMA directors appear to have. If the hurdles are overcome, the directors may get the demerger they want, but the acquisition of AMA by Blackstone will depend on what most shareholders think of the offer. The bid price would have to rise substantially to win my vote. This company was trading above $1.20 pre-bid. I wouldn't take 86c and an ACAD share for that.
- Forums
- ASX - By Stock
- AMA
- AMA reorganization
AMA reorganization, page-15
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AMA (ASX) to my watchlist
|
|||||
Last
5.5¢ |
Change
0.002(3.77%) |
Mkt cap ! $263.0M |
Open | High | Low | Value | Volume |
5.3¢ | 5.8¢ | 5.3¢ | $663.2K | 11.74M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 70022 | 5.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.7¢ | 453970 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 40022 | 0.055 |
1 | 55370 | 0.054 |
1 | 56981 | 0.053 |
1 | 93094 | 0.052 |
1 | 250000 | 0.051 |
Price($) | Vol. | No. |
---|---|---|
0.057 | 283894 | 3 |
0.058 | 647475 | 4 |
0.059 | 434338 | 4 |
0.060 | 1209686 | 11 |
0.065 | 209881 | 3 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
AMA (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online