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
$13.87 |
Change
0.120(0.87%) |
Mkt cap ! $7.649B | |||
| Open | High | Low | Value | Volume |
| $13.75 | $13.87 | $13.62 | $16.71M | 1.213M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8268 | $13.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.87 | 4066 | 2 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| WOR (ASX) Chart |
