Would the long suffering shareholders get a decent return though ? The Chinese are not known for being over generous. The LSS (long suffering shareholders) would most likely need multiples of the current share price to break even, let alone get a decent return. Unless the sp goes for a long upward run prior to a bid then I think a lot of the LSS will be taking a hit. From my own previous experience the sp doesn't do that, and in fact is held at a level and sometimes driven down before a takeover. I hope I'm wrong but I don't see a takeover at this particular time being good news. I'd rather suffer a bit longer and wait for the U price to recover. DYOR
Regards Tommy
China National Nuclear Power tipped to Buy PDN, page-7
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Last
$13.99 |
Change
0.010(0.07%) |
Mkt cap ! $4.182B | |||
| Open | High | Low | Value | Volume |
| $13.78 | $14.02 | $13.62 | $27.61M | 1.999M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 198 | $13.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.00 | 5278 | 3 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |