"it is hard to call but smart money has to be that either the former ceo is about to launch his own bid or someone else is. Apparently he walked away from 2.4m AUD salary and a heap of stock (5%)? I doubt he did that without a plan."
Interesting thought. I have seen this with other companies where the CEO walks as he has been tapped on the shoulder to work with private equity to buy out company. Similar to BWX scenario a few years ago. Also might explain why director was put in charge ASAP who has experience in capital markets. They will need a strong defence if they want to prevent a cheap TO.
Ann: EML Announces New Managing Director and CEO, page-148
-
- There are more pages in this discussion • 17 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 EML (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
90.5¢ |
Change
0.010(1.12%) |
Mkt cap ! $339.5M | |||
| Open | High | Low | Value | Volume |
| 88.5¢ | 91.0¢ | 88.0¢ | $531.5K | 589.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 72784 | 90.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 91.0¢ | 29461 | 3 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| EML (ASX) Chart |