re: in play Takeovers are for the patient. I have been playing takeovers for a long time thanks to my mentor Rene Rivkin. He was a genious at this game and I used to subscribe when he was around only for his takeover knowledge.
Generally, there is an offer, and the market gets all excited. Because of time to analyse etc they lose patience and dump the stock. Then you buy again. Finally, when all hope is gone a second bid comes in - Almost always.
Can't think of a hostile bid where a second bid was not present.
But these rules apply only to cash bids. Scrip is another ball game.
- Forums
- ASX - By Stock
- CDO
- 10 cents more takeover offer
10 cents more takeover offer, page-19
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CDO (ASX) to my watchlist
|
|||||
Last
$1.79 |
Change
0.000(0.00%) |
Mkt cap ! $27.94M |
Open | High | Low | Value | Volume |
$1.79 | $1.79 | $1.79 | $5.997K | 3.35K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 565 | $1.77 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.79 | 14108 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 565 | 1.770 |
1 | 2225 | 1.740 |
1 | 6786 | 1.710 |
2 | 6000 | 1.700 |
1 | 79200 | 1.250 |
Price($) | Vol. | No. |
---|---|---|
1.790 | 14108 | 2 |
1.800 | 39921 | 2 |
1.810 | 2300 | 1 |
1.820 | 20708 | 1 |
1.870 | 5600 | 1 |
Last trade - 11.47am 02/09/2024 (20 minute delay) ? |
Featured News
CDO (ASX) Chart |