TWR have received an offer from Fairfax of Canada a company that has been built on acquisitions of many insurance companies world wide. Not a word since the initial announcement of an offer of NZ $1.17 of any progress - are they still in the race? Shareholders need a statement from TWR as to Fairfax's interest.
Then there is Verio a subsidiary of Suncorp Australia who has purchased or has options to purchase 19.99% of the share holding of TWR but no further statement of interest to proceed with a takeover and no comments from the directors of TWR . Is this just a blocking stake with no plan to move to a full takeover of TWR @NZ$1.40?
The directors should be actively engaged with both parties to understand their position and willingness to proceed with an offer for TWR
Ann: Chairman's Annual Shareholder Meeting Address, page-3
Add TWR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.22 |
Change
0.000(0.00%) |
Mkt cap ! $462.9M | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.25 | $1.22 | $18.36K | 14.75K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 480 | $1.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.24 | 8000 | 1 |
View Market Depth
| Last trade - 15.38pm 04/10/2024 (20 minute delay) ? |
| TWR (ASX) Chart |