Yeah not an outlandish statement. I was into M2 in the teens back in 2006. Jumped out at 50 something as I would however they have kept going and growing and acquiring.
I just dont think in this space you could do it . Scale is really important hence why I reckon some deep pockets will have a go but I agree the premium could be significant. Hey tomorrow would suit me just fine :)
Having said that I am only a Beerguy so I am sure the major shareholders will have a plot. They would be much wiser than old Beery and are bound to have an exit strategy. I also note that there isn't really one significant holder so deals can be done.
Anyways it all looks good through this set of beer goggles. Enjoying the ride.
me updates valuation to 25.5 cents a share, page-6
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Last
$1.30 |
Change
0.005(0.39%) |
Mkt cap ! $1.657B | |||
| Open | High | Low | Value | Volume |
| $1.27 | $1.30 | $1.25 | $9.627M | 7.524M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 400 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.30 | 158111 | 3 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| BGL (ASX) Chart |