”When a bidder declares its bid ‘best and final’, the truth-in-takeovers policy strictly prevents the bidder from improving or extending its bid. Underpinning the truth-in-takeovers policy is the overall aim of market efficiency, seeking to establish certainty in, and reliability of, bidders’ statements”- from Herbert Smith Freehills.
There won’t be an increase to appease the arbitrage traders or anyone holding out for more.
”When a bidder declares its bid ‘best and final’, the...
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Last
$1.92 |
Change
0.030(1.59%) |
Mkt cap ! $2.194B | |||
| Open | High | Low | Value | Volume |
| $1.94 | $1.95 | $1.92 | $7.450M | 3.862M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 72964 | $1.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.93 | 42195 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| RMS (ASX) Chart |