Bradken (BKN) are to lose their licence for their Esco business on 30th June 2011 & will need to replace that revenue which is substantial.
BKN already own nearly 20% of ANG so I am tipping the takeover offer to occur around the time when they lose the Esco business.
Consequently now is not a good time to sell ANG with the potential takeover pending.
One would expect any takeover offer to be in excess of $5.50 & hopefully around $6.00 otherwise shareholders & ANG directors might not want to sell.
Meanwhile be patient, collect the dividends & await the outcome.
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Last
29.3¢ |
Change
-0.008(2.50%) |
Mkt cap ! $183.0M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 30.5¢ | 29.0¢ | $597.5K | 2.015M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 393986 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 50037 | 5 |
View Market Depth
| Last trade - 14.13pm 12/09/2025 (20 minute delay) ? |
| ANG (ASX) Chart |