Australia's largest stock trading and investment forum Australia's #1 stock forum

SXY

Click for more information

0.00%

$4.60 senex energy limited

most of the retail follow the board and they must have a...

First 32 Last

Share
Profile

Follow
Odds&Evens

2,667 Posts.

779

08/11/21

10:07

Post #: 57388911
Share

Originally posted by gsenevir: ↑

According to the latest top 20 S/H list, approx 49% is held by the top 20 and the balance is by retail or others with less than 1% holding per entity/shareholder. If all the retail/ small holders plus a couple of th top 20 rejects the offer the takeover will not be not suceed and the suitor will have to make a higher offer. Let's hope we can get this outcome if another suitor does not prevail.
With all these takeovers I always wonder what's in it for the board other than the higher price. ID achieved a 10 fold increase iin the price of QGC when BG took over. For sxy a mere 30% premium. Come on ID surely we all can see the value of sxy and its worth lot more than $4.60.
...just MHO.

Expand

most of the retail follow the board and they must have a substantial no of the top 20 - unlikely

SXY Price at posting: $4.46 Sentiment: None Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

BCI

BCI reaches close of funding facility for salt-first part of Mardie project

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

There are more pages in this discussion • 123 more messages in this thread...

First 32 Last

Add SXY (ASX) to my watchlist