I doubt they'd be able to finance it on that basis, even at a stupidly low MC like say $300M. Also they've taken pride in looking after shareholders, including with unheard-of transparency, and I can't see them cynically endorsing a recommendation of 'unfair but reasonable'. However, a buyout and privatisation by management + other committed shareholders could make us virtually immune to a takeover on unfavourable terms.
Ann: Replacement Announcement - Bonus Options Issued, page-115
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Last
$1.59 |
Change
0.000(0.00%) |
Mkt cap ! $270.9M | |||
| Open | High | Low | Value | Volume |
| $1.61 | $1.62 | $1.55 | $189.9K | 121.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1316 | $1.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.59 | 34961 | 1 |
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| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| RAC (ASX) Chart |