If 5.5cps isn't going to cut it, I don't think 6cps will either. I got the call on Monday and I was polite but firm. I cut him short in giving me the spiel and told him that the offer was clearly opportunistic and well short of fair value and I would not be accepting unless a revised offer of 7.5cps was put on the table. I also told him that IMO a genuinely independant expert's report would embarass the directors who had recommended the offer and ATM the rate of acceptances is looking poor. He thanked me for my comments and I got the impression that he has probably had some responses less civil than mine.
ANZ
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- acceptances are at 30%
If 5.5cps isn't going to cut it, I don't think 6cps will either....
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88.0¢ |
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Mkt cap ! $194.9M |
Open | High | Low | Value | Volume |
85.5¢ | 90.0¢ | 85.5¢ | $52.47K | 59.84K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1170 | 87.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
90.0¢ | 15000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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2 | 1170 | 0.870 |
2 | 53000 | 0.860 |
1 | 52516 | 0.855 |
2 | 115739 | 0.850 |
1 | 4000 | 0.810 |
Price($) | Vol. | No. |
---|---|---|
0.900 | 15000 | 1 |
0.920 | 1270 | 1 |
0.970 | 19999 | 2 |
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