re: chhhhhhooommmmmpppppp!!! niaroo
JBM bought shares from thr FCN directors (22 million giving them 16% and 2 seats on the FCN board). The price was 50 cents in cash plus 0.1389 JBM share per FCN share. At the time the JBM share price was around $4.70 - so they paid equivalent to $1.15 per FCN share. So now that JBM is around $5.80 they are getting the equivalent of $1.30. In other words they took an educated guess that JBM would rise (and if JBM takes over FCN and Collurabbie comes up trumps they WILL rise significantly) - and so far so good.
If JBM move on FCN they would have to offer the same deal so we would be offered the equivalent of $1.30. If you were JBM and thinking of a takeover you would do what you could to get your own share price up so that the deal looks more attractive- no?? Could help explain today's moves - but so could a takeover play by WMC for JBM.
H
H
- Forums
- ASX - By Stock
- SWP
- sellers
sellers, page-28
-
- There are more pages in this discussion • 6 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 SWP (ASX) to my watchlist
|
|||||
Last
22.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.84M |
Open | High | Low | Value | Volume |
23.0¢ | 23.0¢ | 22.5¢ | $1.012K | 4.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 95489 | 21.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.5¢ | 3947 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 95489 | 0.215 |
2 | 34290 | 0.210 |
2 | 34870 | 0.205 |
1 | 15004 | 0.200 |
3 | 65457 | 0.190 |
Price($) | Vol. | No. |
---|---|---|
0.225 | 3947 | 1 |
0.235 | 27500 | 1 |
0.250 | 47683 | 2 |
0.255 | 4000 | 1 |
0.260 | 111100 | 1 |
Last trade - 15.33pm 04/09/2024 (20 minute delay) ? |
Featured News
SWP (ASX) Chart |