please don’t be mistaken. This is simply hearsay. However it’s not the first time I personally have heard this. Simple answer as to why would a major shareholder take this deal is simple. They bought in around $0.20c they have held for 2-3 years and have got a 5x return. Holdings for longer risks more down side movement than upside and they get a clean return exit with upside. That is why they would negotiate a sale and agree at a lower value.
may never happen but we will wait and see
Ann: Dividend Declaration, page-157
-
- There are more pages in this discussion • 726 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 TER (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
22.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $176.2M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.0¢ | 21.5¢ | $60.32K | 276.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1225 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 14327 | 4 |
View Market Depth
| Last trade - 15.58pm 15/07/2024 (20 minute delay) ? |
| TER (ASX) Chart |