re: Ann: NEC Rejects Unsolicited Takeover Off... Peter Day, Wilson HTM
Northern Energy Corporation (NEC)
On October 15, the NEC board rejected a takeover offer from New Hope Corporation on the grounds a $1.50 a share was inadequate. We suggest a hold as the share price is now above our un-risked valuation, and theres potential for other companies to contest the offer.
Cheers
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Last
$1.26 |
Change
-0.005(0.40%) |
Mkt cap ! $1.958B | |||
| Open | High | Low | Value | Volume |
| $1.26 | $1.27 | $1.24 | $3.242M | 2.581M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 39448 | $1.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.26 | 18567 | 3 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| NEC (ASX) Chart |
