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futurenow

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15/12/18

09:31

Post #: 36867997
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Originally posted by roboshan ↑

Originally posted by J-Dod
Hey Roboshan - Do you think the 2nd cross trade of 14m shares yesterday afternoon at 40.5c (not API) was another interested party taking a stake and possibly inducing a bidding war?
J-Dod
certainly would have been an interested party in the sense you mean and we may find out who if they are already a substantial holder. Unless they already have a strong position, the motive to acquire that sort of quantity at 40.5 cents must have been just to take a speculative position based on the fact no announcement had been made yet. That is presuming it was not an insider. However, I don't think anyone that is in the industry will be really surprised by what has happened and I think at a share price in the low 40 cent range it was a very good punt.

It could be sooner than later to find out if another party like DHL/CWH (or a Coles, Woolworths, Ramsay Health) is going to make a competitive play. It will have been already important for any other possible suitor to establish significantly large holdings (among friends!). This would also limit the opportunity for other parties who may want to take potential "White Knight" positions to prevent an unwanted takeover.

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Hi Robo,

Do you still hold MDR?

What’s your thoughts and the impact to them with API and SIG merging?

You made a good point about EBOS and Zuellig perhaps having some interest.

The health services market appears to be shrinking and consolidating.

SIG Price at posting: 58.0¢ Sentiment: Buy Disclosure: Not Held
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(20min delay)
Last $2.55		Change 0.130(5.37%)		Mkt cap ! $2.300B

Open	High	Low	Value	Volume
$2.44	$2.60	$2.44	$22.48M	8.835M

Buyers (Bids)

No.	Vol.	Price($)
13	750621	$2.54

Sellers (Offers)

Price($)	Vol.	No.
$2.55	47908	2

View Market Depth

No.	Vol.	Price($)
14	218946	0.530
12	254849	0.525
22	667773	0.520
12	214898	0.515
31	592381	0.510

Price($)	Vol.	No.
0.535	238324	12
0.540	239570	11
0.545	263300	10
0.550	155978	9
0.555	81292	5

Last trade - 16.10pm 22/11/2024 (20 minute delay)

SIG (ASX) Chart