Standstill is standard clause in NDA prior to reviewing confidential data in course of considering a transaction. Could have been anything tbh, merger, acquisition or joint venture. The standstill prevents both WGX and RMS from acquiring shares in the other for the duration of the NDA.
If RMS takes issue with that, means they want to give the impression that they plan to acquire WGX shares. I’d say a hostile play is in the works. It doesn’t have any relevance to Karora at this stage. But if RMS want to takeover WGX and kill the Karora merger, then the break fee comes into play. That’s my read of the sitch. Could be wrong.
just dumped my WGX shares.
- Forums
- ASX - By Stock
- WGX
- Ann: TOV:WGX Panel Receives Application
Ann: TOV:WGX Panel Receives Application, page-25
-
-
- There are more pages in this discussion • 34 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WGX (ASX) to my watchlist
|
|||||
Last
$2.95 |
Change
0.080(2.79%) |
Mkt cap ! $2.782B |
Open | High | Low | Value | Volume |
$2.94 | $2.96 | $2.89 | $12.85M | 4.390M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 16421 | $2.93 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.96 | 37734 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5186 | 2.930 |
1 | 5186 | 2.920 |
2 | 5358 | 2.910 |
3 | 45823 | 2.900 |
1 | 5186 | 2.890 |
Price($) | Vol. | No. |
---|---|---|
2.960 | 1000 | 1 |
2.970 | 16700 | 1 |
2.980 | 21000 | 1 |
2.990 | 18587 | 3 |
3.000 | 15365 | 3 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
Featured News
WGX (ASX) Chart |