Echo Shareholder will receive a cash offer of A$0.33
Under the terms of the Offer, subject to satisfaction or waiver of certain conditions, each Echo Shareholder will receive a cash offer of A$0.33 for every Echo Share held (the “Offer Consideration”), which represents a significant premium to Echo’s recent share trading, specifically:▪ 39.4% to Echo’s Volume Weighted Average Price (“VWAP”) of A$0.237 on 19 August 2019 (Echo’s lasttrading day on ASX before Echo was placed in trading halt);▪ 42.1% to Echo’s 10-day VWAP of A$0.232 up to and including 19 August 2019;▪ 49.7% to Echo’s 20-day VWAP of A$0.220 up to and including 19 August 2019; and▪ 80.3% to Echo’s 60-day VWAP of A$0.183 up to and including 19 August 2019.each
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Last
$13.00 |
Change
-0.010(0.08%) |
Mkt cap ! $14.94B | |||
| Open | High | Low | Value | Volume |
| $13.06 | $13.07 | $12.97 | $72.66M | 5.575M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 262060 | $13.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.01 | 3144 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| NST (ASX) Chart |