https://www.nzx.com/announcements/379821
And it has been confirmed... I would be very surprised if there is any increase in the price Ampol offers.
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https://www.nzx.com/announcements/379821
And it has been confirmed... I would be very surprised if there is any increase in the price Ampol offers.
It had to happen I think that its a sign the Z is negotiating a higher price and payment of dividend. After all its AMPOLs takeover. What mug would sit back and wait for regulatory approvals, which may never eventuate, as well accept a really average price. Also who accepts a first offer. Z must be negotiating, and AMPOL, hasnt left the table. I think its good news, and the delay also upsets competing bids.
just like we said , ampol dont want z to pay a div as it reduces the valuation of the company esp when z making no money to pay a div lol
Not sure what the LOLs relate to but $300 mill is nothing to LOL about.
16 September 2021
Z Energy Covid-19 volume impact and FY22 guidance reaffirmation
Z Energy (NZX / ASX: ZEL) (“Z”) is reaffirming its RC EBITDAF guidance for FY22 to be in the
range of $270 million to $310 million and for FY22 dividends to be in the range of 19
cents to 23 cents per share.