Yep. Only smart people will launch a bid based on 90 vwap.
Recent TO by MIN of AGO based on 30 day vwap almost appeared insulting.
Anyways Novomatic are a lot smarter than likes at MIN. They are seasoned in acquisitions coming from gaming industry.
Consolidation has been a theme for a long time. Tatts and TAB....
Slot machine producers also need to get bigger so they can control competition and maintain selling prices of units and stretch R&D over bigger base.
Takeover target, page-49
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Last
75.0¢ |
Change
0.005(0.67%) |
Mkt cap ! $252.5M | |||
| Open | High | Low | Value | Volume |
| 74.5¢ | 75.0¢ | 74.0¢ | $8.3K | 11.11K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 72.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 75.0¢ | 2161 | 1 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| AGI (ASX) Chart |
