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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Mkt cap ! $859.8M |
Open | High | Low | Value | Volume |
$2.73 | $2.73 | $2.70 | $121.9K | 44.91K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 3802 | $2.71 |
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Price($) | Vol. | No. |
---|---|---|
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16 | 8562 | 2.700 |
9 | 17072 | 2.690 |
7 | 8431 | 2.680 |
10 | 17163 | 2.670 |
Price($) | Vol. | No. |
---|---|---|
2.720 | 7464 | 8 |
2.730 | 20965 | 13 |
2.740 | 5066 | 8 |
2.750 | 26741 | 9 |
2.760 | 6270 | 6 |
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