Australia's largest stock trading and investment forum Australia's #1 stock forum

ALU

Click for more information

0.09%

$67.27 altium limited

Ann: Altium enters into binding SIA with Renesas, page-53

First 53 Last

Share
Profile

Follow
travm

226 Posts.

39

24/02/24

13:01

Post #: 72575704
Share

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.

Expand

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
2 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 7 more messages in this thread...

First 53 Last

Add ALU (ASX) to my watchlist

(20min delay)
Last $67.27		Change -0.060(0.09%)		Mkt cap ! $8.876B

Open	High	Low	Value	Volume
$67.35	$67.39	$67.27	$23.90M	355.0K

Buyers (Bids)

No.	Vol.	Price($)
20	3172	$67.27

Sellers (Offers)

Price($)	Vol.	No.
$67.28	1217	8

View Market Depth

No.	Vol.	Price($)
19	3133	67.270
12	2241	67.260
9	2638	67.250
3	419	67.240
6	543	67.230

Price($)	Vol.	No.
67.280	1217	8
67.290	783	8
67.300	866	7
67.310	536	5
67.320	482	3

Last trade - 14.37pm 07/06/2024 (20 minute delay)


Last $67.28			Change -0.060 ( 0.05 %)
Open	High		Low	Volume
$67.36	$67.39		$67.26	129604
Last updated 14.57pm 07/06/2024 ?

ALU (ASX) Chart