Cafa your analysis is spot on. Only thing is Varian had the balls to move 6 months early and put a bid in
1/ a no shop clause
2/ 1% break fee
Bayer might yet bid. They have a $1.5bn francise to protect in liver cancer for a very toxic chemo. You can imagine what would have to happen in the bearucrats of a 50,000 person company to make a decision.
I’m so happy making a big call personally and re-entering at $15 for a very large amount of shares. I had my doubts in the last year and big battle between logic and what was emotionally going on in my head. Made 7x beforehand in SRX 3 years ago. This time it was flat or even below my price and the doubts personally were so big. The hardest grind and most beautiful result of a SRX takeover.
That being said there was 7 companies interested from what I have heard behind the scenes.
Why not one of them buy OncoSil Medical ASX:OSL the only ASX player with similar intellectual property and the chairman of former SRX and former CEO of Cochlear? They have great data recently with 100% disease control rate, although small number of pancreatic patients and even better tumour reduction in HCC, liver cancer.
I bought some more OSL last year and hope this one pays off just like SRX
- Forums
- ASX - By Stock
- SRX
- Ann: SRX BOARD RECOMMENDS ACQUISITION BY VARIAN MEDICAL SYSTEMS
Ann: SRX BOARD RECOMMENDS ACQUISITION BY VARIAN MEDICAL SYSTEMS, page-89
-
-
- There are more pages in this discussion • 21 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 SRX (ASX) to my watchlist
|
|||||
Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $67.91M |
Open | High | Low | Value | Volume |
16.0¢ | 16.0¢ | 16.0¢ | $730.9K | 4.568M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 1667096 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 264086 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 1667096 | 0.155 |
10 | 2627800 | 0.150 |
3 | 591379 | 0.145 |
1 | 60000 | 0.140 |
1 | 153846 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 261086 | 8 |
0.170 | 99369 | 3 |
0.175 | 181000 | 2 |
0.180 | 30000 | 1 |
0.185 | 3000 | 1 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
SRX (ASX) Chart |