Obviously disappointing to see any bidders drop out however my read of this is PAC has built up confidence through the process that the Regal bid materially undervalues the business and are now focused on the bigger fish to fry.
Will trade lower in the short term but could be an opportunity for those who are a little more patient / brave.
Ann: RPL: Regal withdraws Proposal to acquire Pacific Current, page-2
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Last
$10.71 |
Change
0.070(0.66%) |
Mkt cap ! $559.0M | |||
| Open | High | Low | Value | Volume |
| $10.75 | $10.84 | $10.67 | $532.0K | 49.60K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 399 | $10.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.77 | 240 | 1 |
View Market Depth
| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| PAC (ASX) Chart |