They haven't said anything that wasn't already known, and yet the SP still reacts to the news!
There is nothing in the announcement that rules out a new CIMIC offer on 10 March.
It goes to show that the market definitely isn't efficient.
Ann: CIM: OFFER FOR MAH NOT TO BE EXTENDED OFFER PRICE FINAL, page-10
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Last
29.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $614.1M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 29.0¢ | 28.3¢ | $894.2K | 3.099M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13590 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 13397 | 1 |
View Market Depth
| Last trade - 15.59pm 16/08/2024 (20 minute delay) ? |
| MAH (ASX) Chart |