We'll only be taken over if that's what 75% of shareholders decide they want. I would hope that if BP came in now and offered 30-40c per share that most shareholders would vote no.
And they certainly won't be offering more than that unless we first see a serious re-rate. There is a naive view that companies like this get offers at 10 times their current share price. That simply doesn't happen - ever.
Company presenting at Techknow in Sydney (today)/ Melbourne (tomorrow), page-21
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Last
20.5¢ |
Change
0.015(7.89%) |
Mkt cap ! $99.76M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.5¢ | 19.5¢ | $129.6K | 653.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 119947 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 119150 | 7 |
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| Last trade - 15.59pm 09/10/2024 (20 minute delay) ? |
| PAA (ASX) Chart |