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.
Why doesn't Goodman and his chums, consider a management buyout....
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Last
$35.97 |
Change
0.870(2.48%) |
Mkt cap ! $66.66B | |||
| Open | High | Low | Value | Volume |
| $35.85 | $35.98 | $35.50 | $15.56M | 434.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 894 | $35.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.98 | 231 | 4 |
View Market Depth
| Last trade - 10.42am 01/08/2024 (20 minute delay) ? |
| GMG (ASX) Chart |