Also, as someone else mentioned, why would UIL directors give up their shares and board positions if they thought Jaws was no going to succeed. Half the reason they agreed to a takeover - at a market cap less than the listed on the ASX at - is because they want exposure to the Jaw upside.Also, I wouldn't be surprised if the UIL directors got a special presentation and interpretation of the early Jaws results, possibly over an expensive lunch. i.e. an exchange of information between discrete gentlemen.
Ann: Strike Takeover Offer for UIL Energy, page-97
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Last
21.0¢ |
Change
-0.005(2.33%) |
Mkt cap ! $601.7M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.0¢ | 20.5¢ | $2.014M | 9.450M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 300000 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 654663 | 6 |
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| Last trade - 16.10pm 17/10/2024 (20 minute delay) ? |
| STX (ASX) Chart |