yep they can certainly afford it, but my hunch, and admittedly it’s a low conviction one, is that public co shareholders after 15 years of no returns, want to see buybacks and dividends, not m&a.
a mutual is a different scenario where presumably they see the combination as a way to effectively scale and utilise their lazy balance sheet.
Ann: Joint Statement Re Potential Cash Acquisition, page-19
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Last
$4.11 |
Change
0.010(0.24%) |
Mkt cap ! $2.190B | |||
| Open | High | Low | Value | Volume |
| $4.09 | $4.11 | $4.09 | $4.345M | 1.059M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 221100 | $4.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.11 | 55185 | 8 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
$4.10 |
Change
0.010 ( 0.03 %) |
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| Open | High | Low | Volume | ||
| $4.09 | $4.11 | $4.09 | 119699 | ||
| Last updated 15.59pm 17/06/2024 ? | |||||
| VUK (ASX) Chart |
