I partially agree, though I would say BVS hedged their bet - If GBT accepted the deal, then it would have been a win for BVS and as it took out a competitor. If GBT declines the deal (most likely outcome), BVS can hold on to the cash and look another acquisition target. I don't think there is anything devious on BVS part, timing of the capital raise was perfect for BVS, just before the whole market fell over.
I partially agree, though I would say BVS hedged their bet - If...
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Last
$1.05 |
Change
-0.030(2.78%) |
Mkt cap ! $473.0M | |||
| Open | High | Low | Value | Volume |
| $1.06 | $1.07 | $1.05 | $73.65K | 69.75K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 42927 | $1.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.06 | 16454 | 14 |
View Market Depth
| Last trade - 12.51pm 01/07/2024 (20 minute delay) ? |
| BVS (ASX) Chart |