I don't think JDO is an attractive takeover target. From what I've heard quite a lot of the JDO bankers are ex-big4 - emphasis on "ex-" - seeing the big4 as a bit woke and bureaucratic, so I think JDO might be a tough cultural integration for any acquirer - particularly if big4 - and I expect that would be known in the sector.
At some point money talks and someone will lob an offer if JDO's SP diverges too wildly from the performance, but JDO probably sees itself as worth a premium while acquirers probably see it as needing to come at a discount to be worth the trouble, so it feels like a hard deal to get done.
I don't think JDO is an attractive takeover target. From what...
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Last
$1.23 |
Change
-0.025(1.99%) |
Mkt cap ! $1.364B | |||
| Open | High | Low | Value | Volume |
| $1.26 | $1.27 | $1.23 | $1.407M | 1.136M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 71278 | $1.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.24 | 2620 | 1 |
View Market Depth
| Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
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Last
$1.24 |
Change
-0.025 ( 1.56 %) |
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| Open | High | Low | Volume | ||
| $1.27 | $1.27 | $1.23 | 342157 | ||
| Last updated 15.59pm 14/05/2024 ? | |||||
| JDO (ASX) Chart |