Regal seem to have built up their shareholding over the last 3 or so years. In this period PAC's share price has ranged from around $5 to a short stint at $9. From last years Annual Report Regal held around 6.8m PAC shares.
So if an alternative bid were to be successful, at say $11 plus, and Regal's average price per PAC share was around $6.50 to $7.00, they would walk away with at least a $27m profit - not bad for second prize.
A lot of assumptions involved in this exercise so it is only my view of the situation. DYOR.
Regal seem to have built up their shareholding over the last 3...
Add GQG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.95 |
Change
0.090(3.15%) |
Mkt cap ! $8.712B | |||
| Open | High | Low | Value | Volume |
| $2.90 | $2.95 | $2.90 | $5.710M | 1.952M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1198 | $2.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.95 | 45418 | 5 |
View Market Depth
| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| GQG (ASX) Chart |