It could also look far better in 6 months and currently is better than PRU's offer.
Currently, the offer from PRU is considered inferior. As an ORR holder, I personally prefer PRU to gain control of the company. However, a resolution will not be reached until they enhance their bid to surpass SVM's. In my perspective, PRU needs to present a substantially higher offer to gain the support of major shareholders, especially considering their actions since acquiring a 20% stake in the company. The situation is becoming increasingly contentious, and I believe this is detrimental to all parties involved, including the people of Tanzania. It would be advantageous for PRU to enhance their offer promptly but I am speaking from my wallet.
No changes will occur until either a party withdraws or a revised deal garners the support of Nic/Tim, potentially leading to reaching the 50% threshold.
It could also look far better in 6 months and currently is...
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Last
$2.44 |
Change
0.100(4.27%) |
Mkt cap ! $3.352B | |||
| Open | High | Low | Value | Volume |
| $2.39 | $2.46 | $2.37 | $10.44M | 4.299M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 411 | $2.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.44 | 33220 | 2 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
$2.43 |
Change
0.100 ( 3.89 %) |
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| Open | High | Low | Volume | ||
| $2.38 | $2.46 | $2.37 | 973121 | ||
| Last updated 15.59pm 06/06/2024 ? | |||||
| PRU (ASX) Chart |