The flip side is that there is also the counter option where the the deal does not eventuate and we end up back at 10c.
For example:
- ACCEL-KKR could withdraw, think DND withdrawing from LNK offer after their own SP crashed in Canada and financiers got nervous. A new and accepted offer was ultimately well below what DND offered.
- The FIRB rejects the takeover, or;
- The SH reject the takeover.
There is a broad market depth at 18.5c currently but as time passes the SP should creep closer to the TO offer. I for one am not going to hold out for the extra 0.5c as eg: 10,000 shares is only = $50. Happy to take the extra 100% capital I didn't have last week and mark it down as a lesson learnt.
Each to their own of course and DYOR.
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Last
19.0¢ |
Change
0.003(1.33%) |
Mkt cap ! $35.65M |
Open | High | Low | Value | Volume |
19.0¢ | 19.0¢ | 19.0¢ | $100 | 526 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 4463959 | 18.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.0¢ | 1107871 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 4463959 | 0.185 |
5 | 5561109 | 0.180 |
1 | 7000 | 0.100 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.190 | 1072871 | 8 |
0.195 | 80256 | 5 |
0.200 | 25000 | 1 |
0.210 | 10000 | 1 |
0.220 | 2659 | 1 |
Last trade - 10.04am 09/09/2024 (20 minute delay) ? |
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