$2.7 will not go through.
Equity at $5.5 with no debt. Profitable business.
I think it should be $4 minimum right? If xmas trading will be strong and they deliver $12-$13 mil npat then we are back to $4.5???? They assumed 10-11 mil npat if -4% sales decline continues through all 6 months of H1... I doubt this will be a case....
Ann: Intention to Make Takeover Bid, page-52
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Last
$2.84 |
Change
-0.040(1.39%) |
Mkt cap ! $105.9M | |||
| Open | High | Low | Value | Volume |
| $2.88 | $2.88 | $2.84 | $21.04K | 7.325K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3513 | $2.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.86 | 1367 | 1 |
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