In most takeovers where the market considers an offer below what the perceived value of a company is,the share price of the company receiving the take over offer rises above the offer price.Where a company receiving a take over offer sees its share price less than the offer,the market considers the offer will not succeed.On the terms of the current offer, if it was thought to have a chance of success, the share price of GCY should be circa 43c-45c.
In most takeovers where the market considers an offer below what...
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Last
$1.10 |
Change
0.005(0.46%) |
Mkt cap ! $1.224B | |||
| Open | High | Low | Value | Volume |
| $1.12 | $1.14 | $1.09 | $5.462M | 4.924M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 90424 | $1.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.11 | 225875 | 3 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| SPR (ASX) Chart |