cynic or not?

  1. djp
    64 Posts.
    The current market cap of this company is $44m.

    From Dec 10 through to Dec 11 the market cap was $53m - $58m.

    I have been an accumulating holder since Feb '10 and presently have my finger on the buy button again.

    Then I think, "hang on, if this company has anywhere near the potential fellow shareholders (and Twin) think, why doesn't a big pharma come along and offer us $1 a share?" They could then own this company & its IP for a relatively meagre cost of $770m.

    What takeover offer do you think the top 20 would accept?
    What would you accept?
    Why the hell is this thing still under 6 and not 15+?



 
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Last
1.7¢
Change
0.001(6.25%)
Mkt cap ! $47.34M
Open High Low Value Volume
1.7¢ 1.8¢ 1.6¢ $98.21K 5.780M

Buyers (Bids)

No. Vol. Price($)
3 360422 1.7¢
 

Sellers (Offers)

Price($) Vol. No.
1.8¢ 2456657 12
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