I've seen this many times before. It's the CEO and his mates setting the company up for a takeover. Cheap take over they will offer around 4c -5c and snatch the cash. That's my opionion. The same thing happened to a company I was in the past called NDO. Same deal cash cow and making from memory 40 mill a year they offered 100 mill market cap.
I believe there will be no divi. I do believe thier will be a take over offer on the table soon enough you can tell from all the selling pressure
- Forums
- ASX - By Stock
- SBB
- Reason for Investing (My Opinion)
Reason for Investing (My Opinion), page-17
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)