"the massive revenue potential increases the probability of offers."
No doubt about it. Emphasis on the plural.
While a 'bidding war' would be a thing of dreams, I wonder what the likelihood is of an initial low ball offer, perhaps from the likes of Otsuka. 'Low ball' is contexual of course but regardless of the price it would no doubt put a rocket up this thing.
Speculative M&A Transaction Analysis, page-675
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Last
$1.56 |
Change
0.010(0.65%) |
Mkt cap ! $265.8M | |||
| Open | High | Low | Value | Volume |
| $1.55 | $1.56 | $1.51 | $95.69K | 62.25K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3015 | $1.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.56 | 4018 | 1 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| RAC (ASX) Chart |