The north American beachhead gets extended.
Although I'm not sure I understand how funding provided by shareholders of an associated entity to buy another entity results in ARB increasing it's interests of the associate company:
"Should the acquisition proceed, ORW will settle the purchase of the 4WP assets using additional
funding provided by its shareholders. These funding arrangements would result in ARB increasing
its shareholding in ORW from 30% to 50%."
Most unusual.
Ann: Conditional Agreement for ORW to Acquire US based 4WP Assets, page-2
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Last
$41.96 |
Change
0.480(1.16%) |
Mkt cap ! $3.482B | |||
| Open | High | Low | Value | Volume |
| $41.86 | $42.35 | $41.67 | $3.411M | 81.24K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 68 | $41.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.98 | 300 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| ARB (ASX) Chart |