There may be too much resistance for the deal to go through, because the offer price is approximately half of the SP between 2007 and 2014, never below $10 during the period of 'great depression'. On basis of responses here, there could be a large number of share holders are still underwater.
So, what's going to happen to the SP if the TO collapse? Frankly, it had reached my $6 target and I sold 2/3 of my holdings.
There may be too much resistance for the deal to go through,...
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Last
$7.66 |
Change
-0.010(0.13%) |
Mkt cap ! $24.87B | |||
| Open | High | Low | Value | Volume |
| $7.72 | $7.73 | $7.66 | $51.80M | 6.770M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 125654 | $7.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.67 | 1506 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| STO (ASX) Chart |