Share price is the most 'Accurate' price for the valuation, imo.
That's why capital raising is always based on the latest share price, i.e. VWAP etc.
I recalled one ASX stock, share price was pushed down, then Chinese lodged a takeover bid at substantial premium
A takeover requires shareholder approval, premium to last closed share price is very important to obtain 'Yes' vote from the shareholders, imo.
One cent down, could potentially save $45m on the offer based on my estimates.
- Forums
- ASX - By Stock
- AVZ
- Running Commentary on the SP Movements.
Running Commentary on the SP Movements., page-7575
-
- There are more pages in this discussion • 10,979 more messages in this thread...
This thread is closed.
You may not reply to this discussion at this time.
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)