Interesting read:
http://www.theaustralian.news.com.au/business/story/0,28124,24590949-30538,00.html
"...The clause means that not only does a potential buyer have to deal with the equity holders -- offering a premium to win control -- but has the added complexity of having to refinance all the debt in one hit rather than when the facilities mature...The change of control provisions are understood to have stopped at least two big companies launching a takeover offer for GPT in recent months..."
So this is why takeover talk has been muted?
...Damn but the GPT board is a pack of muppets... could they have done anymore to stifle shareholder value? The mind truly boggles.
- Forums
- ASX - By Stock
- GPT
- takeover poison
takeover poison
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GPT (ASX) to my watchlist
(20min delay)
|
|||||
Last
$4.32 |
Change
-0.085(1.93%) |
Mkt cap ! $8.332B |
Open | High | Low | Value | Volume |
$4.36 | $4.37 | $4.31 | $5.228M | 1.204M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
35 | 33402 | $4.31 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.32 | 101274 | 56 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
34 | 41296 | 4.310 |
32 | 114720 | 4.300 |
13 | 82046 | 4.290 |
14 | 70256 | 4.280 |
7 | 131903 | 4.270 |
Price($) | Vol. | No. |
---|---|---|
4.320 | 71830 | 43 |
4.330 | 175013 | 29 |
4.340 | 108507 | 21 |
4.350 | 141940 | 21 |
4.360 | 157999 | 14 |
Last trade - 12.24pm 24/07/2024 (20 minute delay) ? |
Featured News
GPT (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
Previous Video
Next Video
SPONSORED BY The Market Online