Near-identical playbook when CIM was taken private in 2022.
1. Media article casually makes mention about CIM “potential” liability of underpayment of wages for a failing middle eastern JV that CIM sold out of 18 months prior.
2. SP immediately drops to 52 week low
3. 2 months later, largest shareholder offers to takeover
4. “30% premium” to last 5 days VWAP.
5. Directors recommend Yes to takeover bid
Near-identical playbook when CIM was taken private in 2022.1....
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Last
$2.41 |
Change
-0.030(1.23%) |
Mkt cap ! $873.4M | |||
| Open | High | Low | Value | Volume |
| $2.43 | $2.43 | $2.40 | $56.27K | 23.25K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 7189 | $2.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.41 | 136 | 1 |
View Market Depth
| Last trade - 10.59am 17/05/2024 (20 minute delay) ? |
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Last
$2.42 |
Change
-0.030 ( 0.51 %) |
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| Open | High | Low | Volume | ||
| $2.41 | $2.43 | $2.41 | 27242 | ||
| Last updated 10.59am 17/05/2024 ? | |||||
| ASB (ASX) Chart |