ALA 1.33% 18.5¢ arovella therapeutics limited

The Share Price, page-14

  1. 13,037 Posts.
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    abitlikeme: "Someone will probably make an offer for the company at 3c soon, which the majority of shareholders will jump at."

    Disagree completely that share-holders will 'jump at' 3 cents. But just double that to 6 cents (which will still be very cheap for Suda IF BP sees real potential here) and then such a take-over offer will stand a much better chance. At triple that (9 cents and still very cheap for a BP) a take-over most likely will be successful. Time will tell.

    Obviously, BP has thus far not concluded that Suda is a 'must have' for them. But this may change, hopefully?

    All the aforementioned JIMHO, of course.

    wasa
 
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