On market buying is promising, but remember David Attenborough earnt several million dollars a year in his tenure as CEO of the combined entity. I imagine the current executive salaries will be about half of those for the combined entity - still big money! Obviously that creates some disincentive for management to sell quickly.
My feeling is if the whole of Tabcorp was put up for sale at $1.50 per a share (EV of 3-3.5B) you would have a buyer tomorrow.
On market buying is promising, but remember David Attenborough...
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Last
68.5¢ |
Change
-0.010(1.44%) |
Mkt cap ! $1.564B | |||
| Open | High | Low | Value | Volume |
| 69.0¢ | 70.0¢ | 68.5¢ | $3.911M | 5.681M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18819 | 68.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 69.5¢ | 161594 | 6 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| TAH (ASX) Chart |