it won't be 'done', it would be an offer that shareholders respond to as they wish. But an offer would need to be well north of the current SP, and yes the SP would almost certainly go up from where it is now.
But it may not be a takeover at all.
Ann: Trading Halt, page-16
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Last
32.0¢ |
Change
0.005(1.59%) |
Mkt cap ! $70.37M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 32.0¢ | 30.5¢ | $184.7K | 596.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 21502 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 19999 | 1 |
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| E25 (ASX) Chart |