Somebody correct me if I am wrong, although speculation of NCM lodging a takeover has been in the rumour mill for a long time, today is the first time it became official.
It is usual practice for the first takeover offer to be rejected, takeover strategy 101. Surely there will be a second offer. I still can't believe opening price estimate is where it is now.
shorts at it, page-48
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Last
$1.46 |
Change
0.040(2.82%) |
Mkt cap ! $178.2M | |||
| Open | High | Low | Value | Volume |
| $1.46 | $1.46 | $1.46 | $2.411K | 1.654K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 7668 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.46 | 13445 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| LGL (ASX) Chart |