According to an article in the AFR they can via a clause in the agreement called ‘Fiduciary Out’ or something like that but it’d mean they would have to pay PDL $13M or something like that if I’m not mistaken.
But it would have to be a very compelling and much much higher offer for them to consider this, ie in the better interest of shareholders etc
According to an article in the AFR they can via a clause in the...
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Last
$21.55 |
Change
0.350(1.65%) |
Mkt cap ! $2.446B | |||
| Open | High | Low | Value | Volume |
| $20.97 | $21.55 | $20.91 | $8.215M | 384.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1667 | $21.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.55 | 3284 | 7 |
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| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| PPT (ASX) Chart |