DDR 1.09% $9.10 dicker data limited

Ann: Change of Director's Interest Notice - VM, page-7

  1. 199 Posts.
    lightbulb Created with Sketch. 13
    The prospects of Dicker Data are impressive in the circumstances of greater work from home flexibility in a range of workplaces. This very positive situation combined with a relatively young and energetic company management point to increasing returns for shareholders until the inevitable discovery of DDR by a bigger player on the expansion trail.
    Potential long term partners could include the likes of Wesfarmers and Harvey Norman who have the requisite expertise to recognise the value of DDR noting that David Dicker has expressed an interest in reducing his position in the company. As the holder of 35% David is in a position to agree to a takeover on the right terms. As a shareholder I take comfort in this man's integrity and ability to assess a future partner. With low interest rates the prospect of M&A activity later this year add up to mean DDR is a very attractive prize. I suggest an offer pitched above $15 would be required and if it does not eventuate we are likely to see the market hit this level in the current financial year.


 
watchlist Created with Sketch. Add DDR (ASX) to my watchlist
(20min delay)
Last
$9.10
Change
-0.100(1.09%)
Mkt cap ! $1.641B
Open High Low Value Volume
$9.23 $9.23 $9.06 $1.578M 173.3K

Buyers (Bids)

No. Vol. Price($)
1 1500 $9.10
 

Sellers (Offers)

Price($) Vol. No.
$9.12 1609 1
View Market Depth
Last trade - 16.10pm 28/05/2024 (20 minute delay) ?
Last
$9.10
  Change
-0.100 ( 0.82 %)
Open High Low Volume
$9.22 $9.23 $9.06 54624
Last updated 15.59pm 28/05/2024 ?
DDR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.