Agree but 30% premium to current SP will not cut it, the price has fallen over 35% in less than 2 months.
Takeover bid will need to be over $14 and even then might struggle to get enough support....Rathbone holds over 10% and parties close to him have control of another 15%. That 25%+ stake is vital to any takeover success.
Just because he offloaded a smallish stake in the capital raising at $11.25 doesn't mean he will give the company away at bargain basement prices!
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$4.58 |
Change
-0.045(0.97%) |
Mkt cap ! $1.749B |
Open | High | Low | Value | Volume |
$4.56 | $4.60 | $4.54 | $804.9K | 176.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 4858 | $4.57 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.58 | 5980 | 41 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 4854 | 4.570 |
15 | 11861 | 4.560 |
19 | 24665 | 4.550 |
14 | 26024 | 4.540 |
10 | 17532 | 4.530 |
Price($) | Vol. | No. |
---|---|---|
4.580 | 6102 | 42 |
4.590 | 12202 | 20 |
4.600 | 23463 | 22 |
4.610 | 7270 | 9 |
4.620 | 17725 | 11 |
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