Nov 1 (Reuters) - Hellaby Holdings Ltd (HBY)
- Bapcor's offer of $3.30 for each hellaby share is significantly below independent adviser's valuation range of $3.60 to $4.12 per share
- Hellaby - advises that its independent directors unanimously recommend that shareholders reject Bapcor takeover offer made on 21 october 2016
- Independent directors believe offer price fails to reflect full value of hellaby and, in particular, its automotive group
- Hellaby holdings ltd - ebitda forecast to grow from $26.8 million in fy 2016 to $31.1 million in fy 2017
- Independent directors believe automotive group has a stand-alone value of at least $350 million
- Hellaby -co's net profit after tax for first half of fy 2017 to 31 dec 2016 will include a transactional gain of around $30 million from sale of equipment group
- "fy 2017 trading profit is forecast to be significantly ahead of fy 2016 year"
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Last
$3.50 |
Change
0.000(0.00%) |
Mkt cap ! $1.187B | |||
| Open | High | Low | Value | Volume |
| $3.50 | $3.52 | $3.45 | $7.519M | 2.156M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4995 | $3.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.53 | 4859 | 2 |
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| Last trade - 16.10pm 11/09/2025 (20 minute delay) ? |
| BAP (ASX) Chart |