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.
The flip side is that there is also the counter option where the...
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Last
18.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $34.58M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 18.5¢ | 18.5¢ | $11.85K | 64.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 11990104 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 2141099 | 27 |
View Market Depth
| Last trade - 10.04am 10/07/2024 (20 minute delay) ? |
| K2F (ASX) Chart |