With the increased exposure in the US, if they let the stock price run low for much longer it wouldn’t surprise me if a US fund took an activist position, moved to boot LD/PG out, put their own people in and then proceed to dual list in the US. Would arguably be the easiest and fastest way to unlock $4bln - $8bln in value you’ve ever seen. Many of the US funds are simply ruthless and wouldn’t give a flying f*ck about LD/PG’s overall vision - they’d simply see an asset that is arguably 66% - 75% undervalued and move to correct that, generating massive returns for themselves in the process.
With the increased exposure in the US, if they let the stock...
-
- There are more pages in this discussion • 18,545 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ZIP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.23 |
Change
0.070(3.24%) |
Mkt cap ! $2.894B | |||
| Open | High | Low | Value | Volume |
| $2.14 | $2.26 | $2.12 | $39.40M | 17.83M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 55449 | $2.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.24 | 136951 | 4 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |