Whether to accept an offer from Harbour or not will come down to ones investment horizons.
Harbour need to make a profit on their investment so can't see this getting much over $7 from them, maybe $7:50. For this investment to be worthwhile for them they will need to get the equivalent value of $10 or so in 3 years IMO.
If one has a longer time horizon then one could be tempted to decline the Harbour offer and punt on $10 in 3 years. If folks have a short term investment horizon then they could be tempted to take the money.
Regarding the analysts, they always disappoint me. Would be interested in peoples view of the probability of $10 in 3 years.
Ann: Revised Harbour Energy proposal, page-39
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Last
$7.00 |
Change
0.155(2.27%) |
Mkt cap ! $23.02B | |||
| Open | High | Low | Value | Volume |
| $6.94 | $7.01 | $6.91 | $26.38M | 3.787M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 40 | 74192 | $6.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.00 | 24597 | 32 |
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| Last trade - 12.00pm 30/09/2024 (20 minute delay) ? |
| STO (ASX) Chart |