A good outcome from ACL holders IMO. Based on recent price and performance the 0.75 share offer would’ve been a steal for HLS holders.
I note ACL still appear very interested in a merger, and it reads like they are already planning ahead with the next steps regarding ACC (Federal Court). It almost reads like this was just a step in a planned longer process (with a renewed lower offer)
It’ll be interesting to see what the market thinks of the news - whether it’s a positive or a negative.
A good outcome from ACL holders IMO. Based on recent price and...
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Last
$2.44 |
Change
-0.010(0.41%) |
Mkt cap ! $492.4M | |||
| Open | High | Low | Value | Volume |
| $2.45 | $2.49 | $2.43 | $2.172M | 886.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2650 | $2.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.48 | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
$2.45 |
Change
-0.010 ( 0.22 %) |
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| Open | High | Low | Volume | ||
| $2.47 | $2.49 | $2.44 | 124278 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
| ACL (ASX) Chart |