It seems Bob isn't going to come thru with those valuations.
So , as of 20 minutes ago , QVE shares are worth 1% more than the WLE offer.
Note , however , QVE goes ex divi in a couple of weeks, 1.3c
WLE in about 3 months , 4.5c.
This changes the relativities a little.
If I were QVE , and I felt like playing defense , would changing the divi , cleaning out as much of the franking credit account as possible , be useful?
Will be fun to watch this little battle.
cheers
News: WLE Wam Leaders Says Proposed Off-Market Takeover Bid For QV Equities Limited, page-25
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Last
$1.32 |
Change
0.015(1.15%) |
Mkt cap ! $1.660B | |||
| Open | High | Low | Value | Volume |
| $1.30 | $1.32 | $1.29 | $1.240M | 951.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 100000 | $1.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.32 | 147512 | 5 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| WLE (ASX) Chart |