I wonder if they can re-negotiate the terms of the merger with FFR, this would be seen as a good first step, and something that FFR may be willing to do now that WGX has stepped in.
And then they could say that another entity has also initiated potential merger discussions e.g. Musgrave.
And there are other potential developments the market might also see as superior to the poor WGX offer.
What can they do to convince their major shareholders to stay the course, and how persuasive can they be?
Gw
Ann: Update on Westgold Intention to Make Takeover Bid, page-28
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Last
$1.10 |
Change
0.005(0.46%) |
Mkt cap ! $1.224B | |||
| Open | High | Low | Value | Volume |
| $1.12 | $1.14 | $1.09 | $5.462M | 4.924M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 90424 | $1.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.11 | 225875 | 3 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| SPR (ASX) Chart |