A takeover by Tabcorp is expected to have its own upside for TAB shareholders though, who are being offered shares and cash. Deutsche Bank said the Tabcorp shares could hit $14 over the next 12 months if its offer for TAB is successful.
Credit Suisse First Boston was also upbeat with a price target of $13.90 on Tabcorp which, it says, reflects the double digit earnings growth expected from Tabcorp both this, and next year.
Tabcorp shares closed unchanged at $12.88 yesterday, while TAB shares gained 3c to close at $4.57
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Last
62.5¢ |
Change
-0.025(3.85%) |
Mkt cap ! $1.427B | |||
| Open | High | Low | Value | Volume |
| 63.0¢ | 64.0¢ | 62.5¢ | $4.547M | 7.241M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 99684 | 62.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 63.0¢ | 155848 | 5 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
62.8¢ |
Change
-0.025 ( 3.09 %) |
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| Open | High | Low | Volume | ||
| 63.3¢ | 64.0¢ | 62.5¢ | 1585921 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| TAH (ASX) Chart |