agree mozz18 - in the right direction.
One problem with script for script offers is that the direction of CEN's price will follow the direction of RUM's.
The latter has not been so good lately.
I remember looking at investing in either RUM or CEN short term a little while back. During my research I remember seeing a pres by RUM where he actually said "our price hasn't been doing so well ever since we made a takeover offer for CEN" - or something along those lines.
Wonder what direction RUM's price will head now. You would think that the deal would be seen as good idea by both groups (with a fair price only to be determined). Here, i think people are still trying to determine whether the acquisition of CEN is a good idea; the price debate runs second to that fact me thinks. That last comment applies to both holders of CEN and RUM.
BTW: I think a merger is both necessary and a good idea for both companies. But I'm going to wait and see what the crowd does first before putting down my hard earned.
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rum increases offer !!!!, page-11
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Last
$7.67 |
Change
0.040(0.52%) |
Mkt cap ! $2.032B |
Open | High | Low | Value | Volume |
$7.63 | $7.69 | $7.48 | $121.5K | 15.94K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 69 | $7.25 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.96 | 377 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 69 | 7.250 |
1 | 5 | 7.200 |
2 | 257 | 7.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
7.960 | 377 | 1 |
8.000 | 4403 | 2 |
8.030 | 99 | 1 |
8.090 | 1000 | 1 |
8.100 | 66 | 1 |
Last trade - 14.15pm 05/11/2024 (20 minute delay) ? |
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CEN (ASX) Chart |