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
$9.95 |
Change
-0.130(1.29%) |
Mkt cap ! $17.14B | |||
| Open | High | Low | Value | Volume |
| $9.98 | $10.01 | $9.91 | $22.74M | 2.284M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2121 | $9.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.96 | 14187 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| ORG (ASX) Chart |