“One reason is that after breaking up a conglomerate into more focused operations, both parent and spin-off are more likely to become takeover targets. Over half of the companies in the Goldman Sachs study received takeover offers in the years after the demerger.”
The timing is very good from a macroeconomic perspective. I will be voting yes because I believe the value of the two seperate entities will be greater than the previous arrangement.
Ann: Trading Halt, page-14
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Last
35.5¢ |
Change
0.005(1.43%) |
Mkt cap ! $42.7M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 35.5¢ | 34.0¢ | $48.79K | 140.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18285 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.5¢ | 99379 | 1 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| TOE (ASX) Chart |