Because it is reliant upon selling a number of the boutiques to GQG in order to fund paying $10.50 cash.
GQG have said they aren't willing to do that & have ceased discussions with River Capital.
If River Capital can find the funding elsewhere to pay the $10.50 then it may proceed but as they didn't stump up the cash & then shop around the boutiques after completion that suggests to me they don't have access to the funding.
I'm just releaved that GQG have given up talking to River Capital & that's killed their bid, unless River Capital give up & agree to sell.to GQG.
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Last
$10.40 |
Change
0.040(0.39%) |
Mkt cap ! $536.3M |
Open | High | Low | Value | Volume |
$10.29 | $10.60 | $10.29 | $328.3K | 31.31K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3141 | $10.35 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.40 | 986 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3141 | 10.350 |
1 | 400 | 10.300 |
1 | 106 | 10.250 |
1 | 2000 | 10.200 |
1 | 2488 | 10.150 |
Price($) | Vol. | No. |
---|---|---|
10.400 | 986 | 1 |
10.500 | 5000 | 1 |
10.550 | 5000 | 1 |
10.600 | 396 | 1 |
10.610 | 700 | 1 |
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