The way things are shaping up, it appears that KKR wont go away.
$15-$15.5 dollars seems to be the limit. Otherwise there is not much left for KKR.
A hostile on-market raid at a higher price does not make sense. You might as well buy WOW, the better company whcih is now almost trading at a discount to CML.
Likely scenario, hedge funds will snap up chunks of CML on market and deliver the stock to KKR for a quick $1-2.
Private investors can also do the same thing.
If its worth your while, buy up to $14, expecting an offer of $15-$15.50 in a few months. Small margin but good odds.
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Last
3.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $73.85M | |||
| Open | High | Low | Value | Volume |
| 3.0¢ | 3.0¢ | 2.9¢ | $276.0K | 9.203M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 4056088 | 2.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.1¢ | 901000 | 5 |
View Market Depth
| Last trade - 16.11pm 25/07/2025 (20 minute delay) ? |
| GCM (ASX) Chart |