For some reason, there were 95000 shares traded in the match-out at $2.05. Which is 6 cents ABOVE the theoretical offer price, - with APA closing at $4.56.
That APA price equates to $1.99 for HDF, but it closed at $2.05.
There has to be a reason, and maybe we will find out tomorrow.
The Takeovers panel apparently has a bit of an official issue with the offer, which would tend to frighten buyers away. But the opposite has occurred, so it looks like being on for young and old now.
- Forums
- ASX - By Stock
- apa takeover proposal
For some reason, there were 95000 shares traded in the match-out...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
NEWS
Breakthrough programs slash healthcare events, driving a significant A$1.8M+ annual revenue boost