re: qantas and the dah factor.. The deal requires 90% acceptance to succeed.
The bidders model is based on taking the company private. They will not be happy to hold a majority stake in a public company. Get to 90% and they can wrap up the remaining 10% through compulsory acquisition.
There is some risk they will not get to 90% with such an iconic company and a lot of small shareholders. It is one of the factors reflected in the discount.
why isnt it at 5.60 atm, page-19
Add QAN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$5.93 |
Change
0.090(1.54%) |
Mkt cap ! $9.662B | |||
| Open | High | Low | Value | Volume |
| $5.92 | $6.03 | $5.92 | $33.25M | 5.584M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 71313 | $5.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.95 | 10016 | 1 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| QAN (ASX) Chart |