This deal was never not going to be supported by Amcor shareholders, because it is a very significant one for the company. (I hate to say it because it is a bit hackneyed, but "transformative" is what it is.)
With the stock only trading at a market multiple now, even after the impressive share price move over the past 6 months, there is still meaningful upside, I think, given the earnings growth (in the mid-teen percentages) that will be delivered in the coming years.
I think this should be rated at something like a 20% premium to the average valuation multiples of the broader market.
News: AMC Amcor Says Shareholders Vote In Favour Of Scheme To Create Amcor PLC, page-2
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Last
$14.03 |
Change
0.170(1.23%) |
Mkt cap ! $8.830B | |||
| Open | High | Low | Value | Volume |
| $13.90 | $14.12 | $13.90 | $42.65M | 3.050M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 7149 | $14.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.04 | 9729 | 13 |
View Market Depth
| Last trade - 11.36am 23/06/2025 (20 minute delay) ? |
| AMC (ASX) Chart |