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$66.00 altium limited

10 months? is there published timing that I've missed or is...

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travm

223 Posts.

39

24/02/24

13:01

Post #: 72575704
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Originally posted by Cuixot: ↑

I believe it's caused by calculating your return on the cash now if you sell, compared to the return within 10 months time if you wait till the takeover completion.

If you sell now at 66, with a 5% cash return on the bank, you have a better return that waiting 10 months for this 2.5$ increase (3.7%).... all this assuming that applicable CGT is the same now than within 10 months , which is not true for everyone as it depends on your personal situation...and ruling out a takeover bidding war... Lots of IF....

So it makes financially sense for some to sell at 66...

Hope this helps.

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10 months? is there published timing that I've missed or is this just an estimate?
thanks

ALU Price at posting: $65.60 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $66.00		Change 0.100(0.15%)		Mkt cap ! $8.707B

Open	High	Low	Value	Volume
$65.90	$66.00	$65.86	$117.7M	1.787M

Buyers (Bids)

No.	Vol.	Price($)
1	3241	$65.95

Sellers (Offers)

Price($)	Vol.	No.
$66.00	2502	3

View Market Depth

No.	Vol.	Price($)
1	111	65.530
1	76	65.510
1	10000	65.000
1	20	64.850
1	309	64.510

Price($)	Vol.	No.
66.000	502	2
66.010	500	1
66.050	30	1
66.100	1000	1
66.200	2050	2

Last trade - 16.10pm 03/05/2024 (20 minute delay)


Last $65.91			Change 0.100 ( 0.03 %)
Open	High		Low	Volume
$65.93	$66.00		$65.86	564924
Last updated 15.58pm 03/05/2024 ?

ALU (ASX) Chart