Utterly ridiculous ruling. Guess will help the brokers and well connected investment funds as 7% of SXL will be sold to non-ARN holders, who'll then flick it to ARN again on market at a premium.
ARN will then claim on its advisers' M&A insurance for the loss incurred.
How does any of this lead to a fairer market for M&A in Australia exactly?
Utterly ridiculous ruling. Guess will help the brokers and well...
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Last
72.5¢ |
Change
0.005(0.69%) |
Mkt cap ! $226.9M | |||
| Open | High | Low | Value | Volume |
| 72.0¢ | 73.5¢ | 68.5¢ | $201.9K | 278.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8996 | 70.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 75.0¢ | 9732 | 1 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| A1N (ASX) Chart |