Good to see UBS have bought into Volante to ward off the lowball bid from Commander. There are now 3 substantial shareholders to block the take over or at least greenmail a higher price.
If CDR are serious (and VGL were too), they would agree on somewhere between $1.15-$1.25 and wrap this thing up.
Macquarie are advising VGL and it must be a pretty easy job. All you do is keep quiet. They mustn't be incentivissed very well to extract a higher bid.
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Good to see UBS have bought into Volante to ward off the lowball...
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Last
$2.21 |
Change
0.000(0.00%) |
Mkt cap ! $525.2M |
Open | High | Low | Value | Volume |
$2.16 | $2.21 | $2.15 | $35.69K | 16.26K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5127 | $2.02 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.21 | 6920 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5127 | 2.020 |
1 | 2500 | 1.950 |
1 | 2000 | 1.830 |
1 | 657 | 1.520 |
1 | 900 | 1.000 |
Price($) | Vol. | No. |
---|---|---|
2.210 | 6920 | 1 |
2.220 | 35000 | 1 |
2.250 | 7100 | 1 |
2.300 | 1428 | 1 |
2.390 | 7500 | 1 |
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