techcoat, the acceptance is conditional upon APA getting a 70% level of shares. IF APA got 50% (which they did not!) there would have been a 2 weeks extension of time for acceptance.
The offer had now lapsed meaning the 46% of shareholders still own their shares.
Monday will see a 'bloodbath' - question is how far will the sp drops?
qan bid fails , page-24
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Last
$5.84 |
Change
-0.130(2.18%) |
Mkt cap ! $9.516B | |||
| Open | High | Low | Value | Volume |
| $5.95 | $5.95 | $5.83 | $26.52M | 4.524M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14992 | $5.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.88 | 60533 | 5 |
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| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| QAN (ASX) Chart |