What I was trying to say was that short term price movements aren't grounds for an independent expert to find that a proposed scheme isn't fair. Independent experts usually come up with a fair value range and as long the offer falls in that range then they can find it fair.
I didn't say that the expert wouldn't value this above $3 a share? Even the example numbers I used included a value above $3...
Ann: Albemarle indicative proposal - due diligence to commence, page-364
-
- There are more pages in this discussion • 4 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 LTR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
87.5¢ |
Change
0.025(2.94%) |
Mkt cap ! $2.121B | |||
| Open | High | Low | Value | Volume |
| 88.0¢ | 88.5¢ | 85.3¢ | $8.253M | 9.463M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 30489 | 87.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.0¢ | 252133 | 14 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| LTR (ASX) Chart |