Likely... or the other major holder.
Between them (and a few other large holders) they now likely own 85% or more. So the remaining shares are only worth $140m or so at today's prices.
Anecdotally keeping a listed structure can cost around $5m a year in various costs and compliance, so the return on wrapping this into a private roll-co structure probably starts to look compelling, even if they had to buy out minorities at NTA (or a price set by an independent valuation).
That said, I've thought that this would happen shortly for a few years, lol.
Likely... or the other major holder. Between them (and a few...
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Last
$1.40 |
Change
-0.015(1.06%) |
Mkt cap ! $843.8M | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.41 | $1.39 | $69.16K | 49.40K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 16329 | $1.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 2481 | 9 |
View Market Depth
| Last trade - 12.37pm 31/07/2025 (20 minute delay) ? |
| AAC (ASX) Chart |