isplicer
To some extent unfortunately retail shareholder response would be irrelevant.
If the board were to (God forbid) fold up and support the bid, with the volume of votes they control it would be a moot point.
It actually just happened to CXS with the Cephalon takeover offer. The difference is that CXS management stuffed up their FDA application badly. Their product was excellent but their board and management were frankly lazy and incompetent. It made them ripe for the picking. The board took the easy way out and supported the bid (didn't even try to get a counter offer). Retails shareholders were furious but didn't have the numbers to block it.
PRR is a whole different kettle of fish.
MR is way smarter and Lucy T is no pushover (trust me)
isplicerTo some extent unfortunately retail shareholder response...
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Last
42.0¢ |
Change
0.025(6.33%) |
Mkt cap ! $598.3M | |||
| Open | High | Low | Value | Volume |
| 39.5¢ | 42.0¢ | 39.5¢ | $890.1K | 2.163M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 127863 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 30850 | 2 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| IMM (ASX) Chart |