I personally don't think that AIM will end up being a takeover target at this stage of the game due to the uncertainty around the independant persons report and other associated issues with the company. And even if an opportunistic bid is made for the company I suspect that there are a lot of major players who bought their shares at much higher levels than they are now (who are sitting on substantial losses) who would reject a low ball bid.
The reality is that this is the opportunity for the company to get things sorted out and take this company in the direction of being a producer instead of a two bit explorer. One would hope that NS will assist things along from their end ....
Has anyone spoken to the company recently or tried to? I was wondering what on earth is going on with the box cut and the independant person's report.
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Open | High | Low | Value | Volume |
81.0¢ | 81.0¢ | 77.0¢ | $159.2K | 201.5K |
Buyers (Bids)
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---|---|---|
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5 | 50087 | 0.760 |
5 | 9200 | 0.750 |
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4 | 18695 | 0.700 |
Price($) | Vol. | No. |
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0.810 | 18715 | 1 |
0.820 | 42428 | 3 |
0.825 | 3636 | 1 |
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