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
$6.18 |
Change
0.040(0.65%) |
Mkt cap ! $8.160B | |||
| Open | High | Low | Value | Volume |
| $6.12 | $6.22 | $6.04 | $17.34M | 2.821M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9138 | $6.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.18 | 14997 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| YAL (ASX) Chart |