re: Ann: AEL's Increased 42 cent offer fo... How much did the 100+ page target statement cost ADI?
And it was done all so the board could agree to an extra 2 cents several weeks later, at a price 90% lower than the recommended increase to the offer of 61 cents.
I guess they may as well not have bothered with the target statement.
Writing is on the wall. Board approval means 50% stake is imminent.
Looks like holders have all just been shafted.
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Last
$2.88 |
Change
0.020(0.70%) |
Mkt cap ! $912.1M | |||
| Open | High | Low | Value | Volume |
| $2.87 | $2.88 | $2.86 | $449.1K | 156.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 21288 | $2.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.88 | 11347 | 11 |
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| Last trade - 14.07pm 29/07/2024 (20 minute delay) ? |
| DXI (ASX) Chart |