Well Well Well
The big end of town are finally showing their hand !!!!!.
40 Cents - your kidding me right - reference is made that this is a premium of somewhere between 38% and 60% - which is the case base on the prices they are comparing to - however it does not show how high the company got to - in the last 2 / 3 years or does it factor in the potetial upside for the sugar play or what has been included in broker reports (albiet the later is risked prices).
Well , I assume Directors have obligations and a duty of care to all ensure all shareholders interests (even minority) are looked after , this being the case - 40cents is a complete joke.
As it is an on market offer , the market forces will come into play , however I would hope the Directors of ADI have some gumption and communicate to the market / shareholders and advise that the offer being made is materially understated.
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Well Well Well The big end of town are finally showing their...
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$2.80 |
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Mkt cap ! $888.3M |
Open | High | Low | Value | Volume |
$2.81 | $2.81 | $2.76 | $586.3K | 210.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 14060 | $2.77 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.80 | 5597 | 1 |
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No. | Vol. | Price($) |
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4 | 14060 | 2.770 |
4 | 7812 | 2.760 |
1 | 1000 | 2.750 |
3 | 1505 | 2.740 |
2 | 2831 | 2.730 |
Price($) | Vol. | No. |
---|---|---|
2.800 | 5597 | 1 |
2.810 | 2490 | 1 |
2.820 | 1000 | 1 |
2.830 | 937 | 1 |
2.840 | 937 | 1 |
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