Don’t forget that we were trading above the current share price slightly less than a year ago. Any takeover bid needs to open a large chequebook or just not bother. Twiggy doesn’t need the $$ and will much prefer the accolades for keeping Austal locally owned, so its going to be a hard ask getting him to agree to a foreign bid unless it’s truly ridiculous money. My only worry now is that a stupidly low offer get kicked back with a “not for sale” signal and we retrace on the gains made over the past fortnight.
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Don’t forget that we were trading above the current share price...
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$2.38 |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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2 | 925 | 2.310 |
4 | 2803 | 2.300 |
3 | 17000 | 2.280 |
2 | 3022 | 2.260 |
Price($) | Vol. | No. |
---|---|---|
2.400 | 285 | 1 |
2.410 | 2000 | 1 |
2.420 | 5000 | 1 |
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