I think they probably will (cancel). But personally I wouldn’t mind a takeover at a fair price. Private investors can easily move the windfall into a comparable share such as WHC. It should only be institutional investors who dislike takeovers; obviously it’s more challenging for them to reinvest the proceeds. (I’m ignoring all political considerations; from that angle China shouldn’t be acquiring valuable Australian coal assets imho.)
Ann: HKEx - copy of Yankuang Energy Group update, page-3
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Last
$7.17 |
Change
-0.290(3.89%) |
Mkt cap ! $9.467B | |||
| Open | High | Low | Value | Volume |
| $7.43 | $7.44 | $7.17 | $16.15M | 2.226M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 21158 | $7.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.17 | 25000 | 2 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| YAL (ASX) Chart |