They are standing firm at $250 million minimum where the bids are currently about $220 million. Good to see they are not simply offloading at any price.
Australia is profitable, so there is no urgent need to sell it at a lower prices. They can sell the hugely cash intensive US business, leaving a profitable business to allow them more time to achieve the desired AUS sale valuation.
Moelis & Co., page-6
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Last
47.0¢ |
Change
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Mkt cap ! $154.4M | |||
| Open | High | Low | Value | Volume |
| 47.0¢ | 47.5¢ | 46.5¢ | $165.6K | 352.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21505 | 47.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 51444 | 2 |
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