re: Ann: Unsolicited Indicative Non-Binding p... Now reported widely that it was $5.25 cash or cash + shares equivalent value in a new company.
The offer is about 18.5% above previous trading. With the board saying they are open to offers, surely a straightforward cash offer of $5.50+ would do it, to get board approval.
Any thoughts? Usually an offer say $5.25 would see the price close above the offer amount if a further bid was likely.
It's been a good day with 17,000 options and 2,500 heads I took 400-1,100% on half the oppies.
Den
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Last
$13.69 |
Change
0.120(0.88%) |
Mkt cap ! $42.55B | |||
| Open | High | Low | Value | Volume |
| $13.60 | $13.75 | $13.40 | $69.76M | 5.111M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 104162 | $13.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.70 | 3000 | 1 |
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| Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
| TCL (ASX) Chart |