I feel this rumour may be a feeble effort to stabilize dropping price.
There will be a credit squeeze coming so any acquirer will find it harder to raise the funds needed to buy.
if production problems are a problem why inherit them.
An acquirer will probably sit on the sidelines until it appears to be improving.
I do not own these but watching closely.
Only simple thoughts from a simple bloke.
takeover article from todays australian , page-7
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Last
$11.94 |
Change
0.280(2.40%) |
Mkt cap ! $3.577B | |||
| Open | High | Low | Value | Volume |
| $12.00 | $12.14 | $11.73 | $16.76M | 1.411M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 2519 | $11.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.95 | 1017 | 6 |
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| Last trade - 15.06pm 07/10/2024 (20 minute delay) ? |
| PDN (ASX) Chart |