True.
But the worst case (in my mind) is:
- Current buyer pulls out. SEQ nets ~$3.5m minus costs
- Business is resold. Probably similar price, but for 100% of the biz (remembering there were multiple bidders)
Even if you assume a sale price of $35m for 100% of Morrisons, the market value certainly does not price this in.
Ann: Update- Divestment of 80% of Morrison Securities, page-5
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Last
47.5¢ |
Change
0.005(1.06%) |
Mkt cap ! $61.87M | |||
| Open | High | Low | Value | Volume |
| 47.0¢ | 47.5¢ | 47.0¢ | $471.9K | 993.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 484144 | 47.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 10000 | 1 |
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| Last trade - 13.49pm 28/06/2024 (20 minute delay) ? |
| SEQ (ASX) Chart |