Feb 9 (Reuters) - Eureka Group Ltd (APZ) :
- UPDATE ON PROPOSED TAKEOVER OFFER,APZ
- HAS NOT RECEIVED A FORMAL OFFER OR A BIDDER'S STATEMENT FROM ASPEN
- ALL-SCRIP PROPOSED BID PROPOSES A MERGER RATIO OF 0.26 ASPEN SECURITIES PER EUREKA SHARE
- EUREKA BOARD CONSIDERS CURRENT OFFER INADEQUATE AND THAT IT UNDERVALUES EUREKA
- BOARD NOTES THAT NO CONTACT WAS MADE BY ASPEN TO EUREKA PRIOR TO OR SINCE IT ANNOUNCED TO ASX ITS INTENDED TAKEOVER BID
- ADVISES SHAREHOLDERS TO TAKE NO ACTION
- CONSIDERS IMPLIED BID PRICE OF 43.6 AU CENTS PER EUREKA SHARE REPRESENTS EITHER DISCOUNT OR NO MEANINGFUL PREMIUM OVER CO'S SHARE PRICE
Feb 9 (Reuters) - Eureka Group Ltd (APZ) : UPDATE ON PROPOSED...
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Last
49.5¢ |
Change
-0.005(1.00%) |
Mkt cap ! $209.9M | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 50.5¢ | 48.5¢ | $573.9K | 1.160M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 45790 | 49.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 70223 | 2 |
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