Any idea why having 18% of script consideration is a condition precedent ?
Seems funny that this could crater the deal. On my reading if the bidders price falls below about USD35 - which if you look at the chart is possible by June / July - then the whole deal craters. Getting an additional 10% for taking script (assuming same share price as today would be better than cash in my opinion - can always sell straight away if you want to exit. PS - I think their announcement is wrong - it says $0.98 is current value of cash/ script mixed option - This appears to be typo as my calc have it at $0.89 (I have called the compeny - and they said others have also made this comment). Any comments ??
Ann: TASK agrees to scheme agreement with PAR Technology, page-17
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Last
87.5¢ |
Change
0.015(1.74%) |
Mkt cap ! $312.6M | |||
| Open | High | Low | Value | Volume |
| 86.0¢ | 88.0¢ | 85.5¢ | $1.603M | 1.852M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13716 | 87.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.0¢ | 51311 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| TSK (ASX) Chart |