“Why is it likely the share price will fall when the Offer closes?”
I will answer a question with a question, who is going to sell their shares for less than the offer price that they had many months to do so leading up to the offer closing when we all know the company is entering a turning point in the cycle and will grow strongly from here?
Remember all those bold statements in the bidders statement have a counter argument, they are written in a way as to cloud the better judgement of shareholders.
Believe me when I say that RG has been planning this move for a long time, he picked the very bottom of the cycle to make his move, brilliant of his part. He knows the value locked up in this company and so do we.
If there was any justice in this takeover system then a new valuation should have been forced/ mandatory after the last result that clearly showed improvement
The fight continues!
- Forums
- ASX - By Stock
- PGH
- Ann: Supplementary Bidder's Statement
Ann: Supplementary Bidder's Statement, page-14
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PGH (ASX) to my watchlist
|
|||||
Last
76.5¢ |
Change
-0.010(1.29%) |
Mkt cap ! $263.3M |
Open | High | Low | Value | Volume |
77.5¢ | 83.0¢ | 76.5¢ | $14.14K | 18.18K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3658 | 76.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
84.0¢ | 27837 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3658 | 0.765 |
1 | 66666 | 0.760 |
1 | 2200 | 0.700 |
2 | 28888 | 0.685 |
1 | 10000 | 0.610 |
Price($) | Vol. | No. |
---|---|---|
0.840 | 27837 | 3 |
0.845 | 42520 | 13 |
0.850 | 3425 | 3 |
0.860 | 46005 | 3 |
0.870 | 36497 | 3 |
Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
|
|||||
Last
76.5¢ |
  |
Change
-0.010 ( 1.29 %) |
|||
Open | High | Low | Volume | ||
77.5¢ | 80.5¢ | 76.5¢ | 16862 | ||
Last updated 13.02pm 17/06/2024 ? |
Featured News
PGH (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
SPONSORED BY The Market Online