An opportunistic TO attempt is no doubt on the cards considering the SP damage carried out. Unfortunately for any potential suitor, they have no chance. Most SH’s know what this is worth and a successful friendly bid would need to be multiples of the current SP. A hostile TO would require 90% acceptance and that is unlikely considering the cash rolling in. This isn’t a distressed company situation.
Good News & Bad News, page-25712
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Last
$3.02 |
Change
-0.040(1.31%) |
Mkt cap ! $9.090B | |||
| Open | High | Low | Value | Volume |
| $3.08 | $3.11 | $3.02 | $55.82M | 18.22M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 424619 | $3.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.03 | 17344 | 2 |
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| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |