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
Remember most shareholders supported the deal and it was a very...
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Last
$10.32 |
Change
-0.050(0.48%) |
Mkt cap ! $17.77B | |||
| Open | High | Low | Value | Volume |
| $10.34 | $10.41 | $10.28 | $25.37M | 2.456M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1041 | $10.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.33 | 9552 | 2 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| ORG (ASX) Chart |