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.
The company was approached to be bought out and the price was no...
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Last
$10.70 |
Change
-0.050(0.47%) |
Mkt cap ! $558.5M | |||
| Open | High | Low | Value | Volume |
| $10.71 | $10.79 | $10.65 | $327.6K | 30.61K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1115 | $10.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.79 | 80 | 1 |
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| Last trade - 16.10pm 20/08/2024 (20 minute delay) ? |
| PAC (ASX) Chart |