@GARETH78
LTR is a brilliant example of that.
Receives a takeover offer at $3.00
The offer is withdrawn, the underlying valuation metrics did not support $3.00 and so its falls to fair / market value.
Are you suggesting that the takeover offer at $3.00 was a bubble? Then, what was the reason for ALB to pay 2-3 times the real value for this risky company (I assume that you consider that current valuation is the most accurate one after "underlying valuation metrics").
@GARETH78LTR is a brilliant example of that.Receives a takeover...
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Last
$1.00 |
Change
0.035(3.63%) |
Mkt cap ! $2.455B | |||
| Open | High | Low | Value | Volume |
| 97.5¢ | $1.02 | 97.0¢ | $15.30M | 15.33M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 92465 | $1.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.01 | 20810 | 3 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| LTR (ASX) Chart |