Feb 26 (Reuters) - Superloop Ltd (SLC) :
- REJECTION OF INDICATIVE AND NON-BINDING PROPOSAL
- BELIEVES THAT INDICATIVE PROPOSAL IS OPPORTUNISTIC AND FUNDAMENTALLY UNDERVALUES SUPERLOOP
- PROPOSED PURCHASE PRICE WILL BE ADJUSTED FOR ANY DIVIDENDS OR CAPITAL RETURNS MADE BY SUPERLOOP PRIOR TO TRANSACTION
- BOARD DOES NOT INTEND TO ENGAGE WITH ABB ON INDICATIVE PROPOSAL
- UNDER TERMS OF INDICATIVE PROPOSAL, SUPERLOOP SHAREHOLDERS TO RECEIVE 0.21 ABB SHARES FOR EACH SUPERLOOP SHARE HELD
- INDICATIVE PROPOSAL IMPLIES VALUE OF A$0.95 PER SUPERLOOP SHARE
- REJECTION OF INDICATIVE AND NON-BINDING PROPOSAL FROM AUSSIE BROADBAND
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Last
$4.54 |
Change
0.025(0.55%) |
Mkt cap ! $1.301B | |||
| Open | High | Low | Value | Volume |
| $4.51 | $4.56 | $4.46 | $373.8K | 82.36K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 4406 | $4.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.54 | 226 | 5 |
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