Yes, great post, I concur and think it is worth $35.50 to Australian resident investors due to the special div and the fact there are two offerors, one at a lowball SP of $32, would not be surprised if there was more news next week.
This is pretty safe buying up to the $35s IMHO, u can’t really lose on this. there might be interest from United Petroleum, and others, I can see it go down much IMHO but pls DYOR.
Ann: Receipt of Non-Binding Indicative Conditional Proposal, page-22
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Last
$31.27 |
Change
-0.030(0.10%) |
Mkt cap ! $7.451B | |||
| Open | High | Low | Value | Volume |
| $31.41 | $31.43 | $31.08 | $26.23M | 840.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 90 | $31.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $31.27 | 653 | 1 |
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| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| ALD (ASX) Chart |