BP is speculating there may be another TO offer and have upgraded price target to $42.50 with a buy rating.
Analyst Chris Savage believes Autodesk’s cloud-based 2D and 3D modelling platform Fusion 360 platform is not up to the task of converging both the mechanical and electrical design processes. With Altium Designer centred on the electrical side of the supply chain (specifically printed circuit board design), Savage believes a tie-up is still on the cards.
You'll need to access the AFR to read the article.
Ann: Autodesk, Inc. Acquisition Proposal (Rejected), page-185
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Last
$68.18 |
Change
-0.070(0.10%) |
Mkt cap ! $8.994B | |||
| Open | High | Low | Value | Volume |
| $68.18 | $68.23 | $68.18 | $30.18M | 442.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 590209 | $68.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $68.19 | 4351 | 3 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| ALU (ASX) Chart |