I think the first offer is strategic to attract investors like Perpetual to change their vote and re-invest in Brookfield. they probably need another 5% to cross the line and maybe some retailers to change their mind.
the interesting thing is there is no point buying more shares now as the record date has passed so it's just a game of chess if the institutional investors who voted against can change their mind with the opportunity to re-invest!
I think with the amount of money involved this could very well change at the end!
Ann: Update on Scheme and Scheme Meeting adjournment, page-11
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Last
$10.25 |
Change
-0.115(1.11%) |
Mkt cap ! $17.77B | |||
| Open | High | Low | Value | Volume |
| $10.35 | $10.38 | $10.22 | $7.371M | 716.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 40 | 12967 | $10.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.25 | 10060 | 51 |
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| Last trade - 13.43pm 29/05/2024 (20 minute delay) ? |
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$10.25 |
Change
-0.115 ( 1.59 %) |
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| Open | High | Low | Volume | ||
| $10.33 | $10.38 | $10.23 | 335200 | ||
| Last updated 14.03pm 29/05/2024 ? | |||||
| ORG (ASX) Chart |