What’s with the hostility? The Board doesn’t have to accept anything, nor do shareholders, but if the price is driven down in a crap market, an offer of 30 or 40% above the current price may well sway enough people including the Board to recommend the offer. I certainly don’t want that to be the case, but it wouldn’t be the first time a company is targeted by opportunistic buyers.
as for the tax bill, I can assure you that the ATO does not wait until the end of the year to collect their tax. They are called installments for a reason. And if you want evidence of that you should read the presentation/ report (which I mentioned) which clearly says $116m income tax paid!!! which is most certainly for FY23. And if you really want further evidence, they could not have paid a franked dividend without paying the tax first. Make sure you actually know what you’re talking about before if you’re gonna come out of the gates like that
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Last
$2.41 |
Change
-0.170(6.59%) |
Mkt cap ! $7.257B |
Open | High | Low | Value | Volume |
$2.57 | $2.60 | $2.41 | $64.35M | 25.99M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 123970 | $2.41 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.42 | 15148 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 19000 | 2.410 |
61 | 160822 | 2.400 |
1 | 418 | 2.390 |
8 | 28845 | 2.380 |
2 | 15000 | 2.370 |
Price($) | Vol. | No. |
---|---|---|
2.420 | 13082 | 2 |
2.430 | 15000 | 2 |
2.440 | 22738 | 3 |
2.450 | 22100 | 3 |
2.470 | 12500 | 2 |
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