The fact Volaris/Constellation acquired 18% indicates a higher level of commitment. This protects them in case another bidder emerges but also places them on the hook if Eroad raises capital. I think we'll see at least one higher offer from them.
Ann: Important EROAD Shareholder Update Announcement 12 July 2023, page-3
Add ERD (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
80.5¢ |
Change
-0.010(1.23%) |
Mkt cap ! $150.6M | |||
| Open | High | Low | Value | Volume |
| 79.5¢ | 81.5¢ | 79.5¢ | $8.584K | 10.66K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17983 | 80.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 86.5¢ | 9200 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| ERD (ASX) Chart |