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ABACUS STORAGE KING ( (AU:ASK) ) just unveiled an update.
Abacus Storage King has received a revised non-binding indicative proposal from Ki Corporation Limited and Public Storage to acquire all outstanding securities not already held by Ki. The independent board committee has granted the consortium access to due diligence for six weeks to explore the possibility of a binding proposal. However, there is no certainty that an agreement will be reached, and securityholders are advised to take no action at this time.
The most recent analyst rating on (AU:ASK) stock is a Hold with a A$1.28 price target. To see the full list of analyst forecasts on ABACUS STORAGE KING stock, see the AU:ASK Stock Forecast page.
More about ABACUS STORAGE KING
Abacus Storage King operates in the storage industry, offering storage solutions through its property trust and operations limited entities. The company is focused on managing and expanding its storage facilities, primarily in Australia.
Average Trading Volume: 1,651,710
Technical Sentiment Signal: Buy
Current Market Cap: A$2.03B
Learn more about ASK stock on TipRanks’ Stock Analysis page.