I think the contention is that the company will be acquired.
Sometimes you see these announcements with a lift in employees pay options and conditions written in & salaries raised for management, prior to a sudden takeover bid.
Ann: Employee Share Option Plan Notice, page-5
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Last
$2.96 |
Change
0.010(0.34%) |
Mkt cap ! $655.6M | |||
| Open | High | Low | Value | Volume |
| $3.00 | $3.04 | $2.96 | $1.074M | 358.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5235 | $2.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.99 | 1694 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| RUL (ASX) Chart |