No way PE bids $0.03 - $0.04 for this with it trading here at $0.006...by their very nature the whole point of PE is to strip and repackage / resell assets in order to generate their desired ROE. PE is not going to pay a 500-600% premium when they could accumulate a ~19.9% stake so much lower and then lodge a conditional 50.1% offer at say $0.02...everyone will still fold into that bid, if faced with the downside on a broken deal and the overhang of the PE stake to sell.
No way PE bids $0.03 - $0.04 for this with it trading here at...
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Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $120.7M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.5¢ | 11.5¢ | $175.4K | 1.488M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 259776 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 269041 | 3 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
12.0¢ |
Change
-0.005 ( 4.35 %) |
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| Open | High | Low | Volume | ||
| 12.0¢ | 12.0¢ | 11.5¢ | 638123 | ||
| Last updated 15.44pm 17/05/2024 ? | |||||
| ALA (ASX) Chart |