With SP up 7.24 per cent (A$0.42) to A$7.24 by 1050 AEST on Wednesday 8 June 2022, 'Mr Market' is indicating he doesn't believe the Yankuang offer will be successful.
As mentioned previously, there's also Foreign Investment Review Board (2012 stipulations re YAL) and political hurdles.
Commonsense from 'Mr Market'.
Onwards and upwards!
Ann: HKEx - Yankuang Energy Progress update on the Potential Tran, page-7
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Last
$5.95 |
Change
0.070(1.19%) |
Mkt cap ! $7.856B | |||
| Open | High | Low | Value | Volume |
| $5.90 | $5.99 | $5.85 | $24.34M | 4.108M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 48092 | $5.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.95 | 20000 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| YAL (ASX) Chart |