It is a little curious that the board did not put out market guidance for the 16FY results before revealing the bid.
I would have thought the market would have reacted strongly positive to the results, and therefore the bid premium is nowhere near as large as suggested.
However it still places VIT on a P/E of 20 so not exactly dirt cheap. It seems a fair offer.
VIT is now effectively 'in play'. If no other suitor emerges then I will be saying yes.
Gosouth
- Forums
- ASX - By Stock
- Price Action
It is a little curious that the board did not put out market...
-
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VIT (ASX) to my watchlist
(20min delay)
|
|||||
Last
8.7¢ |
Change
-0.004(4.40%) |
Mkt cap ! $50.10M |
Open | High | Low | Value | Volume |
9.5¢ | 9.5¢ | 8.7¢ | $54.76K | 610.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 21988 | 8.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.5¢ | 15277 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 21988 | 0.087 |
2 | 327464 | 0.086 |
1 | 12000 | 0.085 |
1 | 60000 | 0.080 |
1 | 1500 | 0.076 |
Price($) | Vol. | No. |
---|---|---|
0.095 | 15277 | 2 |
0.097 | 7272 | 1 |
0.098 | 68124 | 1 |
0.099 | 194785 | 1 |
0.100 | 17811 | 2 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
VIT (ASX) Chart |