I imagine the scheme of arrangement
will be a cash offer of $1 per AMA share.
It could be part cash put blackstone shares
But if your broker or super fund doesnt trade on the NYSE
Then the shares would be sold anyway.
After the demerger and sale.. AMA will continue to trade.
Probably at sub 30 cents.
As the initial bid was non binding.
Just to look at the books.
I would think management would be against the offer.
Also as AMA was already trading at $1 prior
to the takeover bid
I would expect the offer would have to be increased.
I would be thinking $1.20 per share at least.
Cheers
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6.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $286.9M |
Open | High | Low | Value | Volume |
6.4¢ | 6.7¢ | 6.4¢ | $89.63K | 1.363M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 78125 | 6.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.6¢ | 454517 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 59761 | 1.050 |
3 | 2596 | 1.045 |
3 | 3726 | 1.040 |
2 | 2898 | 1.035 |
1 | 50000 | 1.030 |
Price($) | Vol. | No. |
---|---|---|
1.055 | 77023 | 3 |
1.060 | 53603 | 4 |
1.065 | 51503 | 3 |
1.070 | 2503 | 1 |
1.080 | 1158 | 1 |
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