Something doesn't add up here, Andrew Forest pitched and all or nothing bid for an extra 15% of RRL at 1.48 when teh SP was 1.30 but the bid fell short, he could only attract 12% commitment at that 15% markup to SP. Yet the next day the SP continues to trade below the target figure he set. So why didn't he just acquire the additional 3% from the market at 1.40 (next day's trading) and save money in the process?
Something doesn't add up here, Andrew Forest pitched and all or...
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Last
$1.78 |
Change
0.015(0.85%) |
Mkt cap ! $1.340B | |||
| Open | High | Low | Value | Volume |
| $1.77 | $1.79 | $1.76 | $6.713M | 3.789M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 49622 | $1.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.78 | 42062 | 4 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| RRL (ASX) Chart |