Good news for ABB is they will make money on their investment as they're now forced to sell, albeit at a higher price than they bought them at. Expect the share price to dip a bit - I suspect some sort of cross trade will happen at a price below current market price to enable them to dispose of such a qty.
The bad news for ABB - With the court decision backing SLC, this has been a traumatic ride for ABB. The profit they will make on this share transaction will not offset the drop in mkt cap they've lost since this SLC deal all started.
SLC onwards and upwards - Paul delivering on his double down strategy
Good news for ABB is they will make money on their investment as...
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 (20min delay)
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Last
$1.72 |
Change
-0.085(4.72%) |
Mkt cap ! $859.3M | |||
| Open | High | Low | Value | Volume |
| $1.80 | $1.80 | $1.72 | $2.167M | 1.238M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19982 | $1.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.74 | 7811 | 1 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| SLC (ASX) Chart |