It would depend on the offer. If it is big enough LC will have little control on what transpires - shareholders have that luxury.
Would be interesting if a largish offer of say in the range of $2-3 was put forward, how many shareholders would hold out for more. Human nature includes natural greed after all.
Perspective can change dramatically when offered two amounts - 60 cents and $3. Plus $3 values IMU at $15bil - so a lot has to hapen for that valuation to crystallise.
Ann: Results of Meeting, page-161
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Last
5.4¢ |
Change
-0.001(1.82%) |
Mkt cap ! $396.8M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.6¢ | 5.4¢ | $443.4K | 8.072M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 3056419 | 5.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 120000 | 1 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| IMU (ASX) Chart |