I can't see any reason why the board agreed to these amendments for a minor uplift in the offer. Looks to me like the ORG board has stiffed its own shareholders as it has lowered the take-over threshold from 75% to 50.1%.
DYOR
Ann: Consortium increases cash consideration to $9.53 per share, page-42
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Last
$10.21 |
Change
-0.100(0.97%) |
Mkt cap ! $17.58B | |||
| Open | High | Low | Value | Volume |
| $10.31 | $10.34 | $10.20 | $23.13M | 2.262M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 31145 | $10.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.24 | 49 | 1 |
View Market Depth
| Last trade - 16.10pm 04/06/2024 (20 minute delay) ? |
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Last
$10.22 |
Change
-0.100 ( 0.87 %) |
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| Open | High | Low | Volume | ||
| $10.31 | $10.33 | $10.20 | 504920 | ||
| Last updated 15.59pm 04/06/2024 ? | |||||
| ORG (ASX) Chart |