The sale is subject to shareholder vote but IMO there is very little chance FAR will keep SNE...in fact IMO zero chance for 2 reasons.
1. They have announced the sale and if the TO offer evaporates shareholders will have no choice.
2. If a TO bid is lobbed I expect WPL will lob a superior bid......I don't think WPL will want anyone to have PE rights over their sell down of SNE.
TIME FOR SH RECAP???, page-28
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Last
43.8¢ |
Change
0.003(0.57%) |
Mkt cap ! $40.42M | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 43.8¢ | 43.5¢ | $66.15K | 152.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 26646 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 15693 | 1 |
View Market Depth
| Last trade - 15.59pm 07/06/2024 (20 minute delay) ? |
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Last
43.5¢ |
Change
0.003 ( 3.33 %) |
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| Open | High | Low | Volume | ||
| 43.5¢ | 43.5¢ | 43.5¢ | 1467 | ||
| Last updated 10.15am 07/06/2024 ? | |||||
| FAR (ASX) Chart |