Aug 11 (Reuters) - Iress Ltd (IRE) :
- RECEIPT OF REVISED NBIO FROM EQT
- REVISED IMPLIED VALUE OF A$15.91 CASH PER SHARE BEFORE FRANKING CREDITS
- AGREED TO GRANT EQT A PERIOD OF EXCLUSIVITY FOR 30 DAYS TO UNDERTAKE ITS DUE DILIGENCE
- SUBJECT TO DUE DILIGENCE BOARD INTENDS TO UNANIMOUSLY RECOMMEND OFFER
- IMPLIED VALUE OF PROPOSAL EQUATES TO AN EQUITY VALUE OF A$3.1BN AND AN ENTERPRISE VALUE OF A$3.2BN
- FY21 INTERIM DIVIDEND WILL BE PAID IRRESPECTIVE OF WHETHER ANY TRANSACTION WITH EQT PROCEEDS
- PROPOSAL SUBJECT TO NO DIVIDENDS OR CAPITAL RETURNS BY IRESS BEFORE COMPLETION OF PROPOSED TRANSACTION OTHER THAN PROPOSED FY21 INTERIM DIVIDEND
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Last
$9.13 |
Change
0.080(0.88%) |
Mkt cap ! $1.705B | |||
| Open | High | Low | Value | Volume |
| $9.10 | $9.22 | $9.07 | $13.19M | 1.444M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2603 | $9.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.20 | 6012 | 1 |
View Market Depth
| Last trade - 16.10pm 05/09/2025 (20 minute delay) ? |
| IRE (ASX) Chart |