“One reason is that after breaking up a conglomerate into more focused operations, both parent and spin-off are more likely to become takeover targets. Over half of the companies in the Goldman Sachs study received takeover offers in the years after the demerger.”
The timing is very good from a macroeconomic perspective. I will be voting yes because I believe the value of the two seperate entities will be greater than the previous arrangement.
“One reason is that after breaking up a conglomerate into more...
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Last
37.5¢ |
Change
-0.015(3.85%) |
Mkt cap ! $45.10M | |||
| Open | High | Low | Value | Volume |
| 38.0¢ | 38.0¢ | 36.5¢ | $179.5K | 481.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13998 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 26280 | 2 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
38.0¢ |
Change
-0.015 ( 3.80 %) |
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| Open | High | Low | Volume | ||
| 38.0¢ | 38.0¢ | 36.5¢ | 189043 | ||
| Last updated 15.30pm 24/05/2024 ? | |||||
| TOE (ASX) Chart |