GLB 0.00% $2.97 globe international limited

Been thinking about this since I got the notice and I think that...

  1. 1,235 Posts.
    lightbulb Created with Sketch. 45
    Been thinking about this since I got the notice and I think that they have been fielding offers. Two things seem logical :

    1. The core of their business is action sports and street wear.
    2. FXD does not fit. Absolutely great brand but is the only one that does not fit with the rest of the business.

    So, my wild guess is that they will sell FXD and distribute the proceeds to shareholders (that is why they need to make these changes). Then the rest of the business is very attractive to buyers of action sports and streetwear.
 
watchlist Created with Sketch. Add GLB (ASX) to my watchlist
(20min delay)
Last
$2.97
Change
0.000(0.00%)
Mkt cap ! $123.1M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 49 $2.97
 

Sellers (Offers)

Price($) Vol. No.
$3.04 2206 1
View Market Depth
Last trade - 11.00am 17/06/2024 (20 minute delay) ?
GLB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.