Why is this trading well below the offer price? From other takeover stocks I've seen the share price goes close to the offer price after its been disclosed to the market, this is trading at a 10% discount.
Can management decide against this without shareholder approval like last time?
Why is this trading well below the offer price? From other...
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Last
$7.86 |
Change
-0.180(2.24%) |
Mkt cap ! $25.52B | |||
| Open | High | Low | Value | Volume |
| $7.93 | $7.94 | $7.86 | $50.92M | 6.465M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 13931 | $7.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.89 | 1000 | 1 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| STO (ASX) Chart |