What a run today and!
Congratulations to all holders. Rumours have been going around that there could be a potential bidder for A2.
Just wondering if it is really a good thing if you are to hold the investment for the long term as I reckon if we hold the shares for a few years the future return will be a multiplication factor regardless who makes and what the offer is.
JD's boss Liu Qiangdong was planning to acquire A2 in 2015 which didn't go through for some reasons. As a result his wife and him were behind the listing of Bubs.
Never actually going through a takeover before. Let's say someone does makes an offer say $4~$5. If the deal goes through will all shareholders be forced to sell and surrender their shares at that price in a per-determined timeframe? Or shareholders can still decide to hold their investments?
If it's just rumours be prepared for a wilder rider than usual.
Potential take over bid
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Last
$4.78 |
Change
-0.040(0.83%) |
Mkt cap ! $3.460B | |||
| Open | High | Low | Value | Volume |
| $4.80 | $4.87 | $4.73 | $16.45M | 3.420M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $4.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.78 | 4935 | 1 |
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| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| A2M (ASX) Chart |