It seems Bob isn't going to come thru with those valuations.
So , as of 20 minutes ago , QVE shares are worth 1% more than the WLE offer.
Note , however , QVE goes ex divi in a couple of weeks, 1.3c
WLE in about 3 months , 4.5c.
This changes the relativities a little.
If I were QVE , and I felt like playing defense , would changing the divi , cleaning out as much of the franking credit account as possible , be useful?
Will be fun to watch this little battle.
cheers
News: WLE Wam Leaders Says Proposed Off-Market Takeover Bid For QV Equities Limited, page-25
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Last
$1.32 |
Change
0.000(0.00%) |
Mkt cap ! $1.663B | |||
| Open | High | Low | Value | Volume |
| $1.32 | $1.33 | $1.31 | $1.673M | 1.271M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | $1.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.32 | 76720 | 4 |
View Market Depth
| Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
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Last
$1.32 |
Change
0.000 ( 0.38 %) |
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| Open | High | Low | Volume | ||
| $1.32 | $1.33 | $1.31 | 484907 | ||
| Last updated 15.50pm 28/05/2024 ? | |||||
| WLE (ASX) Chart |