The company was approached to be bought out and the price was no where near $10. The board turned down $7.45 but 8 weeks later had to raise cheap capital at $6.05. Maybe the due diligence that the potential acquirer had undertaken had shown a shortage of cash. Shareholders have no real understanding of the entrails of this company.
Ann: Change of Director's Interest Notice - J Chafkin, page-4
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Last
$10.80 |
Change
0.310(2.96%) |
Mkt cap ! $563.7M | |||
| Open | High | Low | Value | Volume |
| $10.67 | $10.80 | $10.44 | $765.2K | 71.58K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $10.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.80 | 5606 | 3 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| PAC (ASX) Chart |