ASB 1.87% $3.15 austal limited

Ann: Response to media regarding non-binding offer from Hanwha, page-75

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  1. 398 Posts.
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    In the AFR today, Hanwha has been in talks with major shareholders who say their $1 bn takeover offer greatly undervalues the business. Hanwha is willing to revise the offer to about $1.5 bn.

    We might be looking at $3.50 — $4 soon.
 
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