Not a compelling case for separation of the businesses at all. It doesnt seem that the rationale is about benefit for shareholders but rather that they are unrelated businesses. And it costs an extraordinary $100m to separate the businesses!! Thats seems like a heck of a lot. Shareholders defintely lose $100m but what can they expect to gain? In fact maybe costs will be net higher with duplicated administration and management. Looks to be all about financial engineering and little to do with profitability.
Ann: Building the future of two leading companies, page-2
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Last
$2.92 |
Change
0.010(0.34%) |
Mkt cap ! $5.671B | |||
| Open | High | Low | Value | Volume |
| $2.90 | $2.92 | $2.87 | $8.011M | 2.753M |
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| No. | Vol. | Price($) |
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| 2 | 2132 | $2.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $2.92 | 120440 | 10 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$2.92 |
Change
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| Open | High | Low | Volume | ||
| $2.90 | $2.92 | $2.87 | 562863 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| IPL (ASX) Chart |