The board just let that sail through to the keeper, didn't even need to offer a shot. Was hoping we'd get a hint on the WLP negotiations.
Interesting WES are unmoved on the rejection of the offer. Can't think why else WES dropped yesterday except for this offer and since no recovery today clearly the market thinks there is more to play out here.
The early morning drive to push the SP down ran out of steam at $2. Do any chartists have a view on this? Is TA of any use surrounded major announcements like this? I'd guess that shorts were trying to improve their position but they couldn't get it below $2.
Ann: Non Binding Conditional Indicative Proposal from Wesfarmers, page-25
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Last
$6.98 |
Change
0.100(1.45%) |
Mkt cap ! $6.552B | |||
| Open | High | Low | Value | Volume |
| $6.94 | $7.06 | $6.94 | $16.78M | 2.395M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 25903 | $6.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.98 | 15198 | 1 |
View Market Depth
| Last trade - 16.10pm 02/12/2024 (20 minute delay) ? |
| LYC (ASX) Chart |
