Sandon Capital is an activist fund manager and have a significant stake in the business. They have stated that their aim is to sell of the auto parts and the caravans etc part of the business and focus on the modular homes side which has higher ROIC.
I'm assuming this is their intent to force change by the management in this direction.
Ann: Receipt of Notice under s249D of the Corporations Act, page-4
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Last
$1.98 |
Change
-0.025(1.25%) |
Mkt cap ! $170.3M | |||
| Open | High | Low | Value | Volume |
| $2.00 | $2.03 | $1.96 | $343.9K | 173.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $1.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.98 | 13463 | 1 |
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| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| FWD (ASX) Chart |
