Bermudian investors to snap up Thorn Group
Joshua Peach
Bermuda-based investment group Somers is set to snap up its remaining stake in financial services small-cap Thorn Group for cheaper than first expected.
Somers, which already owns a major stake in Thorn, put forward a $1.62 per share offer earlier this year, but has now dropped that to just $1.17, following the sale of Thorn’s asset portfolio to fellow ASX-lister Resimac Group for $16.7 million.
Shares in Thorn plunged more than 25 per cent, following the sale but have lifted this morning on the revised offer.
Thorn Group last traded 3.2 per cent higher at $1.14.
Is Duncan Saville the owner of Somers?
He also owns a few million HUM shares?
Resimac also own a million HUM shares?
AA managed to get himself to 25% ownership of HUM, looks like he needs to protect his interest.
Will we FINALLY see a "NORMALISED" profit in February?
Humm Valuation - What is Sensible, page-127
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Last
45.0¢ |
Change
0.010(2.27%) |
Mkt cap ! $221.1M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 45.0¢ | 43.5¢ | $35.28K | 79.73K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 44479 | 44.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 36618 | 2 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| HUM (ASX) Chart |