"That's fine but refusing to even discuss the options with anyone else is poor. It won't entertain any option at the moment."
I don't think that is the situation at all.
AGL's CEO - quite rightly - has stated on many occasions that the board consistently considers offers for the company, as well as for certain business units or assets.
I think that the problem here, specifically in relation to Liddell, is that there has been no formal offer presented for the AGL board's consideration; just some kite-flying by the likes of Alinta who have said that they would be interested in buying Liddell.
But heck, anyone can tell the media they are interesting in buying something, but if they make no formal offer to match their public utterances, what is there for the AGL board to entertain?
Ann: AGL FY18 interim results and affirmation of FY18 guidance, page-110
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$10.70 |
Change
0.240(2.29%) |
Mkt cap ! $7.857B | |||
| Open | High | Low | Value | Volume |
| $10.50 | $10.87 | $10.47 | $27.26M | 2.541M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 95552 | $10.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.70 | 8619 | 1 |
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