Just over 6mths ago, owners of Ladbroke offered $3.5bil for the TAB assets Incl. media and sky. That equates to just over $ 1.50per share. The view at that time was the offer was well below the value of TAB. hence, the break up to reflect the true value of both businesses. I don't believe the trading condions have change that much to reflect the current trading price of around a $1.
Ann: Demerger of The Lottery Corporation - Briefing Presentation, page-55
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Last
70.0¢ |
Change
0.005(0.72%) |
Mkt cap ! $1.598B | |||
| Open | High | Low | Value | Volume |
| 70.0¢ | 71.5¢ | 68.5¢ | $8.630M | 12.36M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 69.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 70.5¢ | 177702 | 9 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| TAH (ASX) Chart |