Hellaby MD warned his company could become a takeover target
When Bapcor's $322.5 million takeover bid landed, Hellaby Holdings' managing director Alan Clarke had been on a road show telling people his company's share price was too low.
Hellaby Holdings managing director Alan Clarke had already been telling brokers, analysts and investors the share price was under-valued even before Tuesday’s $322.5 million takeover offer from Australia-based Bapcor.
The shares have risen from as low as $2.45 in June to $3.32 on Thursday, above
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Jenny Ruth
Fri, 30 Sep 2016
Fri, 30 Sep 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Hellaby MD warned his company could become a takeover target
62031