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
42.5¢ |
Change
-0.005(1.16%) |
Mkt cap ! $206.3M | |||
| Open | High | Low | Value | Volume |
| 41.5¢ | 42.5¢ | 41.5¢ | $114.5K | 271.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 17886 | 42.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.0¢ | 74986 | 20 |
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| HUM (ASX) Chart |