Sure, who knows what's going to happen in the future.
The board has put a $11.92 price tag on the company, any offer matching that they will recommend.
A bidder obviously will pay as low a price they can & they certainly won't offer above the sticker price with the first bid.
GQG are the only ones with a vested interest in buying PAC & bidding up the price past fair value or they could just offer to buy the shares PAC holds in them.
I honestly can't see why GQG would want the rest of PAC.
What is next for PAC?, page-22
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Last
$10.88 |
Change
-0.130(1.18%) |
Mkt cap ! $567.9M | |||
| Open | High | Low | Value | Volume |
| $10.96 | $11.00 | $10.77 | $427.4K | 39.20K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5886 | $10.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.00 | 41576 | 4 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| PAC (ASX) Chart |