EIG needs to up offer to met the market or piss off. A hostile offer will now lock them into minority until they get to 90%.
Challanging a major shareholder through the press is STUPID IMO.
At least a hostile bid will bring in other parties and allow EIG to save face.
All holders can now hold, take hostile offer or SoA if the vote gets up?
Ann: Consortium increases cash consideration to $9.53 per share, page-141
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Last
$10.06 |
Change
0.085(0.85%) |
Mkt cap ! $17.33B | |||
| Open | High | Low | Value | Volume |
| $9.91 | $10.08 | $9.87 | $42.74M | 4.257M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 13568 | $10.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.06 | 20750 | 43 |
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| Last trade - 15.26pm 29/08/2024 (20 minute delay) ? |
| ORG (ASX) Chart |