Why doesn't Goodman and his chums, consider a management buyout. If they launched a low ball takeover offer, conditional on 100% acceptance, got a punter to advance them a billion dollar bridging loan, they could use the company cash to payback the loan, and start directing the company's cash flow to pay down debt. At least it would put a floor under the stock price and might flush out another bidder.
management buyout
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Last
$35.92 |
Change
0.290(0.81%) |
Mkt cap ! $68.66B | |||
| Open | High | Low | Value | Volume |
| $35.21 | $36.09 | $35.21 | $103.5M | 2.889M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10426 | $35.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.95 | 9490 | 2 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| GMG (ASX) Chart |