their original intention was as a state owned bank for bad construction loans. The rumour was they've needed money for a while now, tha yankuang bid was likely as much a play for cinda shares as glencore. They need to sell for their own problems, the high share price is probably just making it an even easier decision. All imho
Ann: Becoming a substantial holder, page-12
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Last
$6.62 |
Change
0.220(3.44%) |
Mkt cap ! $8.741B | |||
| Open | High | Low | Value | Volume |
| $6.43 | $6.63 | $6.41 | $13.60M | 2.082M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1512 | $6.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.62 | 11309 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| YAL (ASX) Chart |