no-one will take over Downer for so long as the eventual liability on the Waratah project remains uncapped.
It is a poison pill whose magnitude can not be fathomed at this stage.
once the trains are being consistently delivered and accepted by RailCorp, then traditional valuation paramaters will once again be relevant, and a takeover offer a possibility.
ann out shocking, page-22
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Last
$5.71 |
Change
-0.050(0.87%) |
Mkt cap ! $3.626B | |||
| Open | High | Low | Value | Volume |
| $5.82 | $5.85 | $5.71 | $3.075M | 533.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 23129 | $5.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.76 | 1925 | 2 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| DOW (ASX) Chart |
