I wouldn't think there is a takeover in the offing. If there was an attempt RFN it would be for about $2.00 (30% of current price) and that would be taking the mick.
In any event just because some one does make a bid it is not a fait accompli and can be rejected many times. Ultimately it is the board that allows the takeover to go ahead by recommendation not the bidder.
So if there is a company willing to dole out the cssh or script then the figure would need to have at least a 3 in front of it.
Cheers
BW
THE ONLY WAY IS UP., page-383
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$1.51 |
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| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 102542 | $1.51 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.52 | 80024 | 6 |
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