APA may not be allowed by ACCC to take over GAS due to ALN / AGL deal.
BBI probably not able to bid up much more.
Market value seems to be around $2.60, so cant really see this take over being a goer unless APA go it alone and bid up the price further, but then will have to deal with ACCC.
l think they saw the sp of GAS at $2.20 and thought they could get it for a steal, but the company is sound, has good assets, so why would they sell ?
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APA may not be allowed by ACCC to take over GAS due to ALN / AGL...
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 34280 | 4.4¢ |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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1 | 8000 | 0.850 |
1 | 1500 | 0.840 |
1 | 24000 | 0.830 |
1 | 24200 | 0.820 |
1 | 14067 | 0.815 |
Price($) | Vol. | No. |
---|---|---|
0.900 | 6515 | 2 |
0.910 | 15000 | 1 |
0.930 | 5000 | 1 |
0.940 | 8489 | 1 |
0.950 | 5000 | 1 |
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