need to deduct $12m transact costs from the failed LFS bid (a huge waste of shareholder funds thanks to the board of directors). That being said it is a one off cost so would still make sense for p/e to buy a hefty chunk and force a realisation of assets. You do have to consider AA’s large and growing stake so I guess it would make sense for any interested party to bid as part of a consortium with him in the mix, which could involve agreement prior on who takes what assets. The lower the share price goes the more likely such a bid becomes
need to deduct $12m transact costs from the failed LFS bid (a...
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Last
45.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $218.6M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 45.0¢ | 43.5¢ | $103.0K | 232.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 86503 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 51656 | 2 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| HUM (ASX) Chart |