From memory though - Gina didn't get 20% and her buying drove the sp north of the takeover offer too.
Also LTR wasn't a $12billion MC either. What's PLS MC at say $4.50 - $15 billion?
Different circumstance I suggest.
Also who do you expect Consortium ABC are?
They would need deep pockets because I seriously doubt $4.20 would even be considered. At $5 they would need almost $20 billion - if that was even enough to be considered by the board.....not sure this is feasible tbh
From memory though - Gina didn't get 20% and her buying...
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Last
$2.88 |
Change
-0.040(1.37%) |
Mkt cap ! $8.673B | |||
| Open | High | Low | Value | Volume |
| $2.93 | $2.96 | $2.88 | $50.87M | 17.45M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 127610 | $2.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.90 | 103550 | 8 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |