y0jimbo - this has been speculated on a couple of times over the years. Now I am far from an expert, but my feeling is that it won't happen at this point in time . Adrian DiMarco and John Mctaggart hold roughly 26% ( although they did sell 3m shares (1%) back in November on market). I would think only if they are willing to sell will it happen. Hypernion hold around 12%.
At a prospective P/E multiple of around 40 it would be a big price for any suitor.
But let's face it, TNE is a great company and anything is possible.
I guess at some stage up the track it will happen.
but DYOR
Riv
y0jimbo - this has been speculated on a couple of times over the...
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Last
$18.46 |
Change
0.200(1.10%) |
Mkt cap ! $6.015B | |||
| Open | High | Low | Value | Volume |
| $18.32 | $18.53 | $18.30 | $28.31M | 1.534M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13425 | $18.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.47 | 34115 | 7 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| TNE (ASX) Chart |