At $16.84, NWL's offer now values PPS at $1.40. That is why the initial scrip based offer was never going to cut it.
If NWL were reluctant to increase their initial offer, it may now cost them even more (assuming they are still keen) to get to a offer price of between $1.60 - $2.00
Praemium Board Reject Netwealth Offer, page-17
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Last
50.3¢ |
Change
-0.003(0.50%) |
Mkt cap ! $245.8M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 51.5¢ | 50.0¢ | $96.28K | 190.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 32902 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 111219 | 5 |
View Market Depth
| Last trade - 12.10pm 08/07/2024 (20 minute delay) ? |
| PPS (ASX) Chart |