Don’t think TO is on cards yet. Let them get the customer base and then OEM will have a company that has revenue. Generally speaking anyone will TO company if they have earnings. Once they start having 100+ m revenue these things come in picture. This is not getting sold before the SP is close to $5. Not worth the owners/ managers to look at a bid at these share prices. If there was a dilution of 1:100 shares by say Delta for take over Toby will not make more as he has 1.5 m in kitty. But with this share trading around $5 he will have more earnings. They are bankers so they would be looking at take over but not anytime soon
Ann: Appendix 4C - Quarterly Report & Shareholders Update, page-49
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Last
58.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $80.35M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1785 | 56.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.5¢ | 558 | 1 |
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| Last trade - 16.17pm 09/10/2024 (20 minute delay) ? |
| SMN (ASX) Chart |
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