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."
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- Ann: ECL announces the sale of CMI Operations Pty Ltd
I suspect that the reason why the SP hasn't gone further is...
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0 | 0 | 0.000 |
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Price($) | Vol. | No. |
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3.250 | 3000 | 1 |
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