I have seen this many times before. Big pharma manipulates the share price to as low as they can then they come in and buy the company at double the price. This will go overseas I'm certain, once they see the futility of trying to drive this down further is not cost effective they will make a hostile bid.
Takeover Acceptance Level?, page-12
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Last
$1.46 |
Change
0.065(4.66%) |
Mkt cap ! $1.667B | |||
| Open | High | Low | Value | Volume |
| $1.41 | $1.50 | $1.40 | $5.699M | 3.943M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 122380 | $1.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.46 | 11015 | 2 |
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| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| MSB (ASX) Chart |