not correct. The Olam offer is subject to various conditions including FIRB approval and ACCC approval.
refer replacement bidders statement 16 May.
more broadly though the ACCC action adds increased complexity and risk as well as likely delays. I think a deal will likely still occur. I don't think another party will emerge, they would have put their hand up by now.
while it is trading under the offer price I would expect the bidders to potentially buy stock. it's a good signal to the other party that they remain committed.
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Last
69.5¢ |
Change
0.020(2.96%) |
Mkt cap ! $142.6M |
Open | High | Low | Value | Volume |
69.0¢ | 69.5¢ | 69.0¢ | $9.671K | 14.01K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 23981 | 69.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
70.0¢ | 193504 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 147961 | 0.675 |
1 | 50000 | 0.670 |
1 | 54995 | 0.665 |
1 | 33676 | 0.645 |
1 | 10000 | 0.620 |
Price($) | Vol. | No. |
---|---|---|
0.700 | 193504 | 2 |
0.710 | 4000 | 1 |
0.720 | 398179 | 8 |
0.730 | 202355 | 3 |
0.735 | 40000 | 1 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
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