I suspect that the reason why the SP hasn't gone further is because of the following comment on page 2 of the announcement;
"The decision to divest CMI, aligns with ECL’s portfolio optimisation strategy. Proceeds delivered by the
divestment will allow ECL to strategically re-allocate its capital resources to take advantage of emerging
investment opportunities, further strengthening ECL’s position as a leading Australian Listed Investment
Company."
I suspect that the reason why the SP hasn't gone further is...
Add ECL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.20 |
Change
-0.050(1.54%) |
Mkt cap ! $92.78M | |||
| Open | High | Low | Value | Volume |
| $3.30 | $3.30 | $3.20 | $55.65K | 16.89K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6508 | $3.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.29 | 8000 | 1 |
View Market Depth
| Last trade - 15.42pm 02/05/2024 (20 minute delay) ? |
| ECL (ASX) Chart |