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.

Jenny Ruth
Fri, 30 Sep 2016

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

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