From Reuters website:
The share price should go up-to the ask price, based on the below article.
Sources familiar with the deal have said previously that Whitehaven was seeking bids of at least A$7.50 per share which would value the target at around A$3.7 billion. Whitehaven shares closed 1.0 percent higher at A$7.17 on Wednesday, valuing the company at A$3.5 billion.
The sources could not be named as they were not authorised to speak to the media about the matter.
Link: http://www.reuters.com/article/2011/04/13/whitehaven-idUKL3E7FD0QH20110413?type=companyNews
21 april - whc takeover, page-2
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Last
$6.69 |
Change
0.080(1.21%) |
Mkt cap ! $5.596B | |||
| Open | High | Low | Value | Volume |
| $6.70 | $6.78 | $6.66 | $65.75M | 9.881M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 550 | $6.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.70 | 14239 | 1 |
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