- ARB has an 30% stake in ORW.
- ORW (and ARB) want to buy AWP for $30 mio, but ORW in itself has not got enough money.
- ARB sends money to ORW in exchange for an increase in their equity stake from 30% to 50%.
Perhaps, this is the way they do it.
On a different topic: so, ARB indirectly buys another distribution / asset for $30 mio (thereby increasing its foothold in the US), and consequently ARB's market cap goes up by a whopping $180 mio. That's quite optimistic by Mr market.
ARB has an 30% stake in ORW.ORW (and ARB) want to buy AWP for...
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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 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| ARB (ASX) Chart |