It would be reasonable to assume that the 'corporate negotiations' are more likely to be with Westpac rather than with any merger partner - based on performance, GLN don't really have much to offer to another group. As for Westpac, just put yourself in their shoes - not much prospect of remaining loans being repaid at the rate of loss last quarter and they WILL want their money back - it will be Westpac that controls the outcomes from here.
suspension due to pending negotations , page-13
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75.5¢ |
Change
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Mkt cap ! $8.567M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 75.5¢ | 60.0¢ | $16.04K | 23.72K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2000 | 75.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 78.5¢ | 1634 | 2 |
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