Quadrant Private Equity and QANTM both receive legal advice from the same law firm. See https://www.gtlaw.com.au/people/peter-cook and Experience.
It might be lesser-known now, but back on November 27, 2018, IPH expressed an interest in purchasing QANTM for $1.80 per share, valuing the company at $230 million. Source:
https://www.iphltd.com.au/wp-content/uploads/2018/11/ASX-Announcement-Response-to-Media-Speculation-271118.pdf
https://www.iphltd.com.au/wp-content/uploads/2018/11/ASX-Release-Clarification-regarding-IPH-proposal-to-acquire-QANTM.pdf
However, this proposal was declined during Leon Allen's tenure (he stepped down in September 2019) as the Managing Director of QANTM. Recall that QANTM had a market valuation of $295 million when it was listed.
Now, the current offer from Adamantem Capital values QANTM at $254 million.
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Last
$1.80 |
Change
-0.005(0.28%) |
Mkt cap ! $254.3M |
Open | High | Low | Value | Volume |
$1.82 | $1.82 | $1.80 | $399.5K | 221.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 139489 | $1.80 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.81 | 33973 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 139489 | 1.800 |
6 | 914000 | 1.795 |
4 | 612473 | 1.790 |
1 | 386 | 1.500 |
1 | 3000 | 1.200 |
Price($) | Vol. | No. |
---|---|---|
1.805 | 33973 | 2 |
1.815 | 55558 | 4 |
1.825 | 2600 | 1 |
1.830 | 15000 | 1 |
1.845 | 6500 | 1 |
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