IBC will need to come out and accept that the offer may not be fair but it is reasonable in the absence of a superior offer.
The market is reflecting this based on the current markets valuation and SP 25% offer
Since the offer allows shareholders the option of shares in newco, they are given the option of retaining a position in the company.
Hard to see this trading 1.40+ in the next 18 months on rejection of offer.
reminder that in a solid business you should be able to return 8% a year … so your 140 cash would be worth 160 in 18month time. Consider opportunity loss
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IBC will need to come out and accept that the offer may not be...
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Last
$1.44 |
Change
0.000(0.00%) |
Mkt cap ! $1.316B |
Open | High | Low | Value | Volume |
$1.44 | $1.44 | $1.44 | $1.817M | 1.266M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1365263 | $1.44 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.44 | 236893 | 28 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1541080 | 1.435 |
6 | 680022 | 1.430 |
4 | 416969 | 1.425 |
1 | 1000000 | 1.420 |
1 | 1000000 | 1.415 |
Price($) | Vol. | No. |
---|---|---|
1.435 | 34000 | 2 |
1.440 | 234831 | 29 |
1.445 | 26688 | 6 |
1.450 | 401823 | 13 |
1.455 | 14107 | 3 |
Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
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