I think buying a local business to quickly grow TUA will always be on Teoh's radar, so you could well be on the ball there. Personally I can't see a buy out because Teoh effectively controls this through his holding and TUA is his new baby. I just can't see him willing to sell unless it is at a huge premium. Teoh will have set progressive SP targets into the future and I suspect those would be multiples of the current SP. I don't think that an offer of say $1 to 1.20 per share would receive any consideration. I'm comfortable with that because I want to see where Teoh takes TUA, which is why I'm along for the ride.
TUAS Singapore, page-19
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Last
$4.57 |
Change
-0.020(0.44%) |
Mkt cap ! $2.131B | |||
| Open | High | Low | Value | Volume |
| $4.63 | $4.68 | $4.53 | $4.001M | 877.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 241 | $4.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.58 | 2724 | 1 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| TUA (ASX) Chart |