Something doesn't add up here, Andrew Forest pitched and all or nothing bid for an extra 15% of RRL at 1.48 when teh SP was 1.30 but the bid fell short, he could only attract 12% commitment at that 15% markup to SP. Yet the next day the SP continues to trade below the target figure he set. So why didn't he just acquire the additional 3% from the market at 1.40 (next day's trading) and save money in the process?
Andrew forrest, page-72
-
- There are more pages in this discussion • 33 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RRL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.60 |
Change
0.040(2.57%) |
Mkt cap ! $1.204B | |||
| Open | High | Low | Value | Volume |
| $1.60 | $1.61 | $1.58 | $3.898M | 2.444M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 6378 | $1.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.60 | 57378 | 7 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| RRL (ASX) Chart |