EOL - Energy One Limited - Strawman: ASX share price, valuation, research and discussion

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Last edited 6 months ago

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#Takeover Talks Terminated

stale

Last edited 6 months ago

Announcement from EOL this morning regarding their takeover offer from STG.

Looks like STG cheekily revised their offer down from $5.85 per share to $5.15 per share.

The Board has essentially said "yeah, nah" and terminated discussions with STG.

You'll likely see the SP slowly retrace now back to circa $4, which is what it was prior to the offer.

I'm pretty happy with this as I see this one as a long term compounder.

Energy One Limited