https://www.copyright link/street-talk/bevan-slattery-in-megaport-selldown-20200520-p54uwnTechnology entrepreneur Bevan Slattery was seeking to offload a $65 million stake in Megaport on Wednesday night.
The billionaire hired investment bank UBS to sell 5 million shares in the connectivity business, which is expected to elbow its way into the benchmark S&P/ASX 200 index next month, at $13 apiece, according to terms sent to fund managers.
Billionaire Bevan Slattery is taking some cash off the table at Megaport. Peter Braig
The offer price reflected a 5.8 per cent discount to the last close, a 6.6 per cent discount to the one-day volume-weighted average price and a 5.9 per cent discount to the 10-day volume-weighted average price.
The offer size represented 3.3 per cent of the securities on issue, the term sheet said.
UBS was calling for bids to be submitted by 6.30pm AEST.
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Last
$14.63 |
Change
0.180(1.25%) |
Mkt cap ! $2.367B | |||
| Open | High | Low | Value | Volume |
| $14.43 | $14.65 | $14.24 | $8.344M | 577.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1577 | $14.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.64 | 1221 | 1 |
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| Last trade - 16.13pm 18/09/2025 (20 minute delay) ? |
| MP1 (ASX) Chart |