This mornings West...
"Competitors put Cape's $1.30 bid under pressure".
Cape has come under pressure to increase its bid for PCH after international scaffolding and modular accomodation group WACO International emerged as a possible white knight.
WACO could be one of several third parties given access to PCH's books.
Jamie CULLEN refused to comment on the third parties only to say that they were international companies.
Hartley's analyst said the hostile offer and the subsequent response from PCH increased the likelyhood that PCH's value would be crystallised via a takeover in the next 3-6 months.
possible competitor
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Last
87.5¢ |
Change
0.035(4.17%) |
Mkt cap ! $96.11M | |||
| Open | High | Low | Value | Volume |
| 85.3¢ | 88.0¢ | 84.0¢ | $11.03K | 12.95K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7900 | 85.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.5¢ | 22025 | 1 |
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| Last trade - 15.59pm 31/07/2024 (20 minute delay) ? |
| PCG (ASX) Chart |