A further thought on a cheap 2 dollar takeover. If you see it in the context of a $4M profit for the two directors you might think they would not accept such a small amount. But if you add the context that they are both paying interest or have locked up personal funds into a non productive asset, a 2 dollar takeover starts to look attractive. I just think it's a bit near sighted to assume they would reject what the rest of us would reject. Well that's my thinking take it or leave it.
Fair Value Please, page-333
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19.5¢ |
Change
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Mkt cap ! $34.32M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 19.5¢ | 19.0¢ | $15.83K | 83.11K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 19628 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 1575 | 1 |
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