Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
An update from 360 Capital Group Limited ( (AU:TGP) ) is now available.
TT Investments Pty Limited, the largest securityholder of 360 Capital Group Limited, has announced a cash takeover offer to acquire all remaining stapled securities of the group it does not already own. Valued at $0.31 per security, the offer represents a 24% premium over the prior trading day’s closing price, providing stakeholders with a guaranteed opportunity to liquidate their investment amidst uncertainties surrounding the security’s liquidity. The unconditional offer eliminates risks for investors and demonstrates TT Investments’ strategic commitment to consolidating its position within 360 Capital Group.
The most recent analyst rating on (AU:TGP) stock is a Hold with a A$0.26 price target. To see the full list of analyst forecasts on 360 Capital Group Limited stock, see the AU:TGP Stock Forecast page.
More about 360 Capital Group Limited
360 Capital Group Limited operates in the investment management sector, offering services related to managing funds and investing in real estate and other asset classes, catering primarily to stakeholders aiming to diversify their investment portfolios.
Average Trading Volume: 604,226
Technical Sentiment Signal: Buy
Current Market Cap: A$46.46M
See more data about TGP stock on TipRanks’ Stock Analysis page.