Agree with you acquisition is the path and to be fair I feel the most likely pathway. I was originally hoping this could be a Cochlear with a great dividend but this now seems very unlikely.
My thoughts are now turning to the exit price of acquisition. Any ideas - speculation of course but reasonable to consider.
WP is valuing 40/50$ now - after FDA, human trial etc and a bidding war? Much higher I would suggest.
I am not ramping - Ive been in this share since Allied days but held as I felt we would get an opportunity to be at this point
FNN Presentation .. WOW!, page-16
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$9.91 |
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Mkt cap ! $209.4M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 1 | 300 | $9.80 |
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| Price($) | Vol. | No. |
|---|---|---|
| $9.91 | 475 | 2 |
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