Read the wording carefully.
"After careful assessment, the Board of Oliver’s has determined that engaging further with EG Group is in the best interests of shareholders. Oliver’s is currently in advanced discussions with EG Group."
If the board recommends acceptance of the offer to shareholders probably would have got to 9c - 9.5c today with that extra left over with the % chance of not completing. Right now, board is just advancing discussions, could very well fall through completely.
Ann: Non binding, conditional and incomplete proposal, page-15
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Last
0.9¢ |
Change
-0.002(18.2%) |
Mkt cap ! $3.966M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 0.9¢ | $7.232K | 792.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 185467 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 100000 | 1 |
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| Last trade - 14.15pm 15/11/2024 (20 minute delay) ? |
| OLI (ASX) Chart |