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
12.5¢ |
Change
-0.010(7.41%) |
Mkt cap ! $53.05M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 12.5¢ | $3.63K | 28.61K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 227405 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 15000 | 1 |
View Market Depth
| Last trade - 16.10pm 23/05/2024 (20 minute delay) ? |
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Last
12.5¢ |
Change
-0.010 ( 3.85 %) |
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| Open | High | Low | Volume | ||
| 12.5¢ | 12.5¢ | 12.5¢ | 5189 | ||
| Last updated 12.44pm 23/05/2024 ? | |||||
| SRX (ASX) Chart |