CEN 4.07% $8.25 contact energy limited

do the deal

  1. 743 Posts.
    Firstly I mention that I have a sizable holding in both CEN and RUM.

    It is a directors basic responsibility to ask at every decision point, 'what is best for shareholders?'

    IMO CEN directors are solely thinking of themselves and the annual fees they enjoy.

    Further I don't have confidence in their technical, or commercial ability to take CEN's projects forward without massive S/H dilution.

    RUM directors are proven performers, technically and commercially so I will be very pleased to see the T/O succeed asap.

    The T/O will result in much reduced ASX and compliance fees which I guess amount to about $400,000 per year – a nice saving!

    Let’s get the deal done.
 
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$8.25
Change
-0.350(4.07%)
Mkt cap ! $2.113B
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$8.60 $8.60 $8.24 $4.162K 505

Buyers (Bids)

No. Vol. Price($)
1 1209 $8.25
 

Sellers (Offers)

Price($) Vol. No.
$8.60 1519 2
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Last trade - 12.57pm 25/06/2024 (20 minute delay) ?
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