Kalahari's share price on AIM had risen to 302 pence as of 1.15pm GMT in London.
So clearly investors anticipate China's bid will be trumped.
Won't take much for a rival bidder to beat the 5% extra value to void China's offer and avoid Kalahari having to pay a break fee.
I don't think the Kalahari board will get the current offer past its shareholders- especially not Rio and ITOCHU.
Stand by!
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Last
0.9¢ |
Change
-0.001(10.0%) |
Mkt cap ! $18.65M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $6.515K | 723.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 26139 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 6370837 | 8 |
View Market Depth
| Last trade - 14.33pm 28/07/2025 (20 minute delay) ? |
| EXT (ASX) Chart |