"Assuming there is no trading halts on Mon & clarification from takeover panel is pending - what do we think share prices on all related parties will do on Monday - ie QAN, MBL, AFG, AEP"
Tough question.
On fundamentals (ie deal *off*) means QAN back in the $3's and the rest will take a hit for having wasted time and money.
But its still a long way to go to Monday morning, and more likely than not the general feel will be that the deal is still *on* (too much at stake for it to fall through - money, egos, emotion, face saving etc) and nothing much will happen on the market.
late acceptance pushes bid over 50 pc, page-33
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Last
$5.85 |
Change
-0.040(0.68%) |
Mkt cap ! $9.532B | |||
| Open | High | Low | Value | Volume |
| $5.84 | $5.91 | $5.84 | $38.05M | 6.494M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 22710 | $5.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.86 | 26030 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| QAN (ASX) Chart |