It's definitely a possibility but I doubt it would happen for less than 100-150mil. I think everyone would prefer they stay the course so that there is possibility of a stellar run on the SP. It seems like a very attractive aquisition for several companies that they are doing business with. Austal doesn't have the cash to afford to aquire her atm and is still a potential aquisition itself, but a merger might be possible. I don't see any of these comapnies aquiring her though, if there was one I would pick for a legit buyer it would be Lincoln Electric or something similar.
If something was going to happen regarding a US market move or a merger or aquisition then it would probably happen this financial year or not at all IMO.
It's definitely a possibility but I doubt it would happen for...
Add AL3 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
16.5¢ |
Change
-0.010(5.71%) |
Mkt cap ! $62.22M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.5¢ | 16.5¢ | $275.0K | 1.628M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 398545 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 112176 | 5 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| AL3 (ASX) Chart |