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
69.0¢ |
Change
0.005(0.73%) |
Mkt cap ! $1.575B | |||
| Open | High | Low | Value | Volume |
| 68.5¢ | 69.0¢ | 68.0¢ | $21.18M | 24.66M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 69030 | 68.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 69.5¢ | 536835 | 12 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| TAH (ASX) Chart |