IMHO, I can't see the deal failing for only 4% below the threshold - someone would take a big haircut if that was the case!
Common sense may prevail and they put an on market buy at $1.24 max, and mop up the little guys.
From memory $1.24 was the upper value of the independent valuation.
Ann: Pact Group Holdings Ltd removed from All Ordinaries index, page-14
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Last
75.0¢ |
Change
0.010(1.35%) |
Mkt cap ! $258.2M | |||
| Open | High | Low | Value | Volume |
| 73.5¢ | 76.0¢ | 73.5¢ | $14.88K | 19.73K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2039 | 75.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 77.0¢ | 740 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| PGH (ASX) Chart |