Why doesn't Goodman and his chums, consider a management buyout. If they launched a low ball takeover offer, conditional on 100% acceptance, got a punter to advance them a billion dollar bridging loan, they could use the company cash to payback the loan, and start directing the company's cash flow to pay down debt. At least it would put a floor under the stock price and might flush out another bidder.
management buyout
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Last
$36.42 |
Change
1.320(3.76%) |
Mkt cap ! $68.75B | |||
| Open | High | Low | Value | Volume |
| $35.85 | $36.51 | $35.50 | $54.88M | 1.522M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 289 | $36.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $36.43 | 429 | 7 |
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| Last trade - 14.35pm 01/08/2024 (20 minute delay) ? |
| GMG (ASX) Chart |