"What do holders make of this? Took me by surprise."
Personally, I am not a fan of companies making corporate acquisitions.
My experience is that it invariably results in a transfer of value from the acquirer to the shareholders of the company being acquired.
From what I can discern - on the basis of the limited research I've done on the business RMD is buying - this is a meaningful departure from Resmed's core competency of the diagnosis and treatment of sleep disorders.
This is most a unusual thing for Resmed to do.
In summary, I am not very happy about it.
It worries me.
"What do holders make of this? Took me by surprise." Personally,...
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Last
$37.39 |
Change
0.390(1.05%) |
Mkt cap ! $22.38B | |||
| Open | High | Low | Value | Volume |
| $37.30 | $37.39 | $37.07 | $9.449M | 253.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 44 | $37.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.39 | 2573 | 2 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| RMD (ASX) Chart |
