The difficulty in my view is that BOD need to act in the best interests of ALL shareholders. So accepting $1.85 may be tricky, while creating a situation where Potentia walk away means they may or not be able to add value in th e years ahead to justify $2.20 ish plus per share.
It will be interesting to see how it plays out. I think it might end with BOD rejecting anything under $2 and the larger players and Potential effectively progressing to accumulate a controlling stake.
The difficulty in my view is that BOD need to act in the best...
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Last
94.0¢ |
Change
0.005(0.53%) |
Mkt cap ! $493.1M | |||
| Open | High | Low | Value | Volume |
| 92.5¢ | 94.0¢ | 91.0¢ | $1.751M | 1.885M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 24667 | 93.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 94.0¢ | 51656 | 2 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| TYR (ASX) Chart |