Pretty valid question you ask. A walk away from the proposed acquisition would send a message to the market about where the company sees medium /LT demand & growth for its IF product. At a cost of $275m my recollection is that we have until 30/6/21 to decide to proceed or not. I’d suggest a lot of posters here would see a better utilisation of the funds ie a buyback or dividend. The new CEO may have some early headaches - trust he is up to the challenge.
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Last
$5.67 |
Change
-0.070(1.22%) |
Mkt cap ! $4.149B |
Open | High | Low | Value | Volume |
$5.82 | $5.85 | $5.67 | $8.177M | 1.414M |
Buyers (Bids)
No. | Vol. | Price($) |
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11 | 31250 | $5.67 |
Sellers (Offers)
Price($) | Vol. | No. |
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$5.68 | 12446 | 15 |
View Market Depth
No. | Vol. | Price($) |
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10 | 16720 | 5.680 |
12 | 50957 | 5.670 |
10 | 49487 | 5.660 |
17 | 39558 | 5.650 |
7 | 24462 | 5.640 |
Price($) | Vol. | No. |
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5.700 | 18872 | 21 |
5.710 | 25970 | 19 |
5.720 | 64191 | 16 |
5.730 | 13769 | 12 |
5.740 | 7130 | 5 |
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