yes it is a difficult sector to be in. Management are taking steps to protect itself from M&A. My feeling is there is a high chance that this company will see a management-led privatisation in the next 6 months. Management hold a large % of this stock, and as prices keep falling they may act to privatise and get out of the investor spotlight while restructuring and refocusing. I am a holder, and believe the company will survive, but I agree there is possibly more downside at the moment.
hold my hand i'm dying, page-2
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Last
$13.73 |
Change
-0.135(0.97%) |
Mkt cap ! $7.649B | |||
| Open | High | Low | Value | Volume |
| $13.90 | $13.91 | $13.71 | $14.60M | 1.056M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 2373 | $13.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.73 | 7403 | 44 |
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| Last trade - 14.20pm 28/11/2024 (20 minute delay) ? |
| WOR (ASX) Chart |
