Encouraging that SNC are likely taking over MVT. As it is scrip base, this will double SNC's market cap to $85m~.
SNC have been a little sub scale to pursue issues like APW but the extra market power would place them in a much stronger position to resolve the APW discount to NTA and ridiculously poor cash flow for an ungeared REIT.
"Strategic Review of the MacarthurCook Office Property Trust", page-8
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Last
$1.57 |
Change
0.075(5.03%) |
Mkt cap ! $69.67M | |||
| Open | High | Low | Value | Volume |
| $1.52 | $1.57 | $1.52 | $164.3K | 106.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 8002 | $1.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.56 | 8000 | 1 |
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| Last trade - 14.21pm 08/08/2024 (20 minute delay) ? |
| APW (ASX) Chart |