"Our analysis of peer group multiples indicates a combination with Blake has the potential to immediately rerate 3PL’s share price to an estimated indicative range of $2.36 – 3.22, being 1.8 – 2.4x IXL’s offer"
Would be great but why exactly would 3PL immediately rerate from 3x sales to 6x? Would love for Virb to expand on this a bit.
"The work done by Viburnum to facilitate this alternative pathway is to the benefit of all 3PL shareholders. We will seek re-imbursement from 3PL for reasonable out-of-pocket costs incurred in relation to the Blake letter and term sheet"
If the SP shoots to $3 within 3-4 months I'm happy to buy them a steak dinner
Let's see what IXL and BY come back with but these guys might just walk away. It's pretty clear Virb want a LOT more than what was previously offered. I'm definitively in the same camp
"Our analysis of peer group multiples indicates a combination...
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Last
$1.08 |
Change
0.000(0.00%) |
Mkt cap ! $296.5M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12103 | $1.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.10 | 5052 | 2 |
View Market Depth
| Last trade - 10.00am 23/07/2024 (20 minute delay) ? |
| 3PL (ASX) Chart |
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