There is not necessarily any certainty in VAR as a company and as the suitor, no equity arb desk will regard this as a done deal IMHO. Discount to the offer price may even be greater than the sell off in SRX on Friday down 1.3% to $27.4 AUD IMHO.
Varian has a history which is even found in a number of Court cases, some are even outlined on Wikipedia. My hope is for an alternative bid.
https://en.wikipedia.org/wiki/Varian_v._Delfino
There is not necessarily any certainty in VAR as a company and...
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Last
13.3¢ |
Change
0.003(1.92%) |
Mkt cap ! $56.24M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 14.0¢ | 13.0¢ | $148.0K | 1.114M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 548006 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 824793 | 16 |
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| Last trade - 15.50pm 27/06/2024 (20 minute delay) ? |
| SRX (ASX) Chart |