After knocking back Tinkler's indicative and incomplete offer - presumably the Board have told him what price they would actively consider. Regardless of daily SP movements the goal posts have been set so conventional premium for control %'s are irrelevant (he could argue that the price was $3.70s before the rumours started that he was interested). Board have been rather strong on holding the valuation lines previously and are under no pressure to do anything.
Being short $500m on a $5b deal doesnt look good for a deal being done anytime soon.
Probably his game plan all along , ego + his knowledge of the business, a typical double up Tinkler bet.
If he takes out WHC, picks the bottom of the coal market and gets financed through the next few years production ramp up - he will be a real Billionaire while I will be happy to take my $5 per share now.
- Forums
- ASX - By Stock
- WHC
- $$$
$$$, page-16
-
-
- There are more pages in this discussion • 10 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 WHC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$7.22 |
Change
0.000(0.00%) |
Mkt cap ! $6.040B |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 270 | $8.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.62 | 3588 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 270 | 8.000 |
1 | 138 | 7.800 |
1 | 4729 | 7.780 |
2 | 1564 | 7.580 |
3 | 1278 | 7.570 |
Price($) | Vol. | No. |
---|---|---|
6.620 | 3588 | 1 |
6.860 | 11039 | 5 |
6.940 | 2290 | 1 |
6.990 | 462 | 1 |
7.000 | 9313 | 3 |
Last trade - 09.50am 01/10/2024 (20 minute delay) ? |
Featured News
WHC (ASX) Chart |
Day chart unavailable
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online