Remember most shareholders supported the deal and it was a very close call. It was only because of AusSuper and a minority of other shareholders the deal didnt go through.
So the board was acting in interests of shareholders by entertaining the bid (which was a massive premium when it was first made).
Despite being against the transaction I would be very happy to see board and chair stay. The company is doing a good job so far in navigating what is a difficult industry. The share price is getting back close to bid price. Let's not derail it
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Last
$10.69 |
Change
0.270(2.59%) |
Mkt cap ! $18.35B |
Open | High | Low | Value | Volume |
$10.50 | $10.69 | $10.44 | $34.91M | 3.527M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
37 | 25883 | $10.68 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.69 | 5242 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
29 | 16803 | 10.670 |
24 | 28112 | 10.660 |
12 | 14926 | 10.650 |
16 | 23835 | 10.640 |
11 | 15114 | 10.630 |
Price($) | Vol. | No. |
---|---|---|
10.680 | 13068 | 33 |
10.690 | 21394 | 24 |
10.700 | 29056 | 18 |
10.710 | 21679 | 10 |
10.720 | 56159 | 9 |
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