Not sure where he got that number from but I imagine either a MBO or a t/o would have to be for more than 1500m. The MQG speculation could offer a 1:10 scrip offer that would meet this valuation, be more attractive to AFG holders and still be earnings accretive for Mac bank. With some sort of supercharged allco management MQG options they could also keep coe, fell et al onside.
mac bank offer 5.70 a share joke, page-19
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Last
$1.57 |
Change
-0.020(1.26%) |
Mkt cap ! $425.1M | |||
| Open | High | Low | Value | Volume |
| $1.60 | $1.60 | $1.54 | $231.4K | 148.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 33923 | $1.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.62 | 130 | 1 |
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| Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
| AFG (ASX) Chart |