API have a lot of shares to dump.
They bought up SIG shares purely for this takeover, now they probably feel there is better options for the money than to hold SIG shares.
Could fall back to pre-offer levels (low 40s) from here
Ann: API: Market update on API-Sigma merger proposal, page-4
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Last
$2.89 |
Change
0.185(6.85%) |
Mkt cap ! $2.300B | |||
| Open | High | Low | Value | Volume |
| $2.74 | $2.93 | $2.74 | $24.24M | 8.460M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 40053 | $2.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.89 | 35639 | 33 |
View Market Depth
| Last trade - 15.00pm 28/11/2024 (20 minute delay) ? |
| SIG (ASX) Chart |
