Remember most shareholders supported the deal and it was a very close call. It was only because of AusSuper and a minority of other shareholders the deal didnt go through.
So the board was acting in interests of shareholders by entertaining the bid (which was a massive premium when it was first made).
Despite being against the transaction I would be very happy to see board and chair stay. The company is doing a good job so far in navigating what is a difficult industry. The share price is getting back close to bid price. Let's not derail it
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$10.07 |
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0.170(1.72%) |
Mkt cap ! $17.34B |
Open | High | Low | Value | Volume |
$10.01 | $10.15 | $9.95 | $53.81M | 5.353M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 31416 | $10.07 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.08 | 628 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 14994 | 10.070 |
3 | 44450 | 10.060 |
3 | 13591 | 10.050 |
3 | 49963 | 10.040 |
3 | 16105 | 10.030 |
Price($) | Vol. | No. |
---|---|---|
10.100 | 58062 | 1 |
10.110 | 1000 | 1 |
10.120 | 978 | 1 |
10.130 | 1650 | 2 |
10.140 | 3230 | 3 |
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