That is just the net cash component. RMS is paying ~$99m in cash, plus the rest in scrip, while AOP had ~$35m in cash.
Lake Rebecca prompted some bidding competition from GOR, so the managers of both companies must see decent potential.
MZ made some comments previously about his strategy of steering clear of some deals that others see as the right fit due to seeing some challenges/risks. So far the other acquisitions under his leadership have been value accretive over time.
That is just the net cash component. RMS is paying ~$99m in...
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Last
$2.09 |
Change
0.000(0.00%) |
Mkt cap ! $2.393B | |||
| Open | High | Low | Value | Volume |
| $2.04 | $2.09 | $2.04 | $5.465M | 2.643M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $2.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.09 | 90183 | 6 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| RMS (ASX) Chart |