I'm not usually the guy to talk about takeovers rumors and I don't think anyone would be interested in a takeover without seeing stabilization in the company first, but with the 1H22 result out now and seeing stabilization, I think a takeover might really be on the line now...also the way it's trading, just refusing to go lower or higher for some reason.
Feihe is the king of direct MBS sales in China, but their online sales is relatively poor, with their stock getting hammered every day and no oversea milk sources, I think they might be interested. Idk what you guys think?
takeover thread, page-84
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Last
$6.95 |
Change
0.095(1.39%) |
Mkt cap ! $4.999B | |||
| Open | High | Low | Value | Volume |
| $6.90 | $6.95 | $6.89 | $2.393M | 345.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 18297 | $6.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.95 | 30297 | 18 |
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| A2M (ASX) Chart |