While I agree the likelihood of a takeover offer is high given the current share price, I think the directors particularly SM and GB, would be keen to see SAU stand alone.
I mean both have been buying up recently and the potential for a game changing find in Sth Korea is high IMO.
Maybe the political uncertainty in Sth Korea is also weighing on current SP.
High Takeover Probability, page-2
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Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $8.502M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.2¢ | $12.89K | 963.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 280164 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 844418 | 3 |
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| Last trade - 15.41pm 08/11/2024 (20 minute delay) ? |
| ION (ASX) Chart |