BLV 0.00% 1.6¢ blossomvale holdings ltd

take over at what price ???, page-4

  1. 142 Posts.
    Nice to finally see some green.

    Do others think its Thorney's move that's forced MTQ's hand?

    If I was MTQ and had decided that I'd have a crack at a takeover, you would have done it at 2.5c, say a 100% premium = 5c
    But now that they've basically driven up the price themselves, 5c would have no chance.

    If it were to be a takeover why would MTQ boost the share price so much just to add 2% more of the register? Having to take over 85% or 83%, is there really that much difference and worthwhile driving the price the up for themselves?
 
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