This seems like a weird offer to me. EMR already own 55% of the Bullseye scrip. So best case for them is that EMR flips 55% of the company for a 4c profit (about $10m). Base case is they pay overs for the other 45% share holding and still have a minority holding? I don't understand the play?
Rival Chinese Bid, page-24
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Last
$3.73 |
Change
-0.080(2.10%) |
Mkt cap ! $2.450B | |||
| Open | High | Low | Value | Volume |
| $3.79 | $3.80 | $3.70 | $2.658M | 711.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4480 | $3.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.73 | 6481 | 1 |
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| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| EMR (ASX) Chart |