Oct 25 (Reuters) - Smartgroup Corporation Ltd (SIQ) :
- UPDATE ON NON-BINDING INDICATIVE PROPOSAL
- CONSORTIUM DOES NOT INTEND TO PROCEED WITH PROPOSAL TO ACQUIRE SMARTGROUP AT A$10.35 PER SHARE
- DISCUSSIONS WITH CONSORTIUM IN RELATION TO PROPOSAL HAVE NOW CEASED
- EXCLUSIVITY PROVISIONS UNDER CONFIDENTIALITY DEED BETWEEN CONSORTIUM AND SMARTGROUP HAVE TERMINATED
- CONSORTIUM EXPRESSED ITS INTEREST TO PROCEED WITH REVISED PROPOSAL AT A REDUCED OFFER PRICE OF A$9.25 PER SHARE IN CASH
- HAS UNANIMOUSLY CONCLUDED NOT TO PROCEED WITH DISCUSSIONS
- ON TRACK TO DELIVER CY21 FINANCIAL PERFORMANCE IN LINE WITH CONSENSUS EXPECTATIONS
News: SIQ Smartgroup Corporation Ltd Updates On Non-Binding Indicative Proposal
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Last
$7.79 |
Change
0.080(1.04%) |
Mkt cap ! $1.057B | |||
| Open | High | Low | Value | Volume |
| $7.73 | $7.83 | $7.68 | $1.596M | 205.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $7.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.83 | 310 | 2 |
View Market Depth
| Last trade - 16.10pm 29/07/2025 (20 minute delay) ? |
| SIQ (ASX) Chart |