If they believe it undervalues the company, they can reject & tell the suitor to go hostile if they think shareholders will disagree (call their bluff, encite higher bid)
Energy X offer $150m cash and script, page-45
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Last
15.0¢ |
Change
0.020(15.4%) |
Mkt cap ! $73.34M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 17.5¢ | 11.5¢ | $2.713M | 18.20M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 118000 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 2660 | 2 |
View Market Depth
| Last trade - 15.53pm 05/08/2024 (20 minute delay) ? |
| GLN (ASX) Chart |