re: Ann: Unsolicited Indicative Non-Binding p... Now reported widely that it was $5.25 cash or cash + shares equivalent value in a new company.
The offer is about 18.5% above previous trading. With the board saying they are open to offers, surely a straightforward cash offer of $5.50+ would do it, to get board approval.
Any thoughts? Usually an offer say $5.25 would see the price close above the offer amount if a further bid was likely.
It's been a good day with 17,000 options and 2,500 heads I took 400-1,100% on half the oppies.
Den
re: Ann: Unsolicited Indicative Non-Binding p... Now reported...
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Last
$13.57 |
Change
0.270(2.03%) |
Mkt cap ! $42.18B | |||
| Open | High | Low | Value | Volume |
| $13.33 | $13.57 | $13.28 | $121.4M | 9.032M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 370 | $13.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.60 | 81677 | 5 |
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| Last trade - 16.10pm 17/07/2025 (20 minute delay) ? |
| TCL (ASX) Chart |