Hi crazypunter,
Novamatic driving AGI to the ground is speculation... your reasoning is so they can acquire the balance at a lower price... lets role with this scenario with Len or beneficiaries of his estate deciding to sell balance...
Would you buy into a business to ruin it to buy out the remaining share holders on the cheap and then try to turn it around?
- the paid $2.75 per share for 53% stake = $473m
- they destroy business to buy the remaining at a lower price lets say $2.00 =$300m
- so in order to save $173m they risk $773m by ruining the business and not being able to revive and gain benefits
It is not rational.
Comment on share price movement for the day.... how can this be of any significance?
"tanked" it dropped 2.5% ? after tracking up to $1.90 which all means nothing...
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Last
75.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $252.5M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2107 | 73.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
75.0¢ | 45982 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2107 | 0.735 |
4 | 16332 | 0.730 |
1 | 4166 | 0.720 |
1 | 3500 | 0.710 |
1 | 9900 | 0.705 |
Price($) | Vol. | No. |
---|---|---|
0.750 | 45982 | 2 |
0.780 | 13998 | 1 |
0.800 | 44978 | 1 |
0.815 | 3500 | 1 |
0.820 | 35000 | 1 |
Last trade - 11.17am 17/10/2024 (20 minute delay) ? |
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