The company was approached to be bought out and the price was no where near $10. The board turned down $7.45 but 8 weeks later had to raise cheap capital at $6.05. Maybe the due diligence that the potential acquirer had undertaken had shown a shortage of cash. Shareholders have no real understanding of the entrails of this company.
Ann: Change of Director's Interest Notice - J Chafkin, page-4
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PAC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$10.76 |
Change
-0.320(2.89%) |
Mkt cap ! $561.6M | |||
| Open | High | Low | Value | Volume |
| $10.95 | $10.95 | $10.49 | $248.0K | 23.22K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 89 | $10.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.76 | 34 | 1 |
View Market Depth
| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| PAC (ASX) Chart |