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
Add RAC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.45 |
Change
0.000(0.00%) |
Mkt cap ! $247.1M | |||
| Open | High | Low | Value | Volume |
| $1.45 | $1.45 | $1.35 | $254.2K | 185.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 212 | $1.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.45 | 5981 | 3 |
View Market Depth
| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| RAC (ASX) Chart |