Takeover attempts are not succesful always. This has been discussed before, but our founders, management and LTH have a good say here.
It can cause a re-rate for the share price also. Imagine if they tried for one formally, company has to announce it to the market.
Instant re-rate. And seeing we have plenty of shorts atm, this would get ridiculously fired up and some of the predictions would look miniscule. My opinion only.
2022 BRN Discussion, page-749
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Last
20.5¢ |
Change
0.005(2.50%) |
Mkt cap ! $375.8M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 21.0¢ | 20.0¢ | $425.3K | 2.080M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 47 | 1446988 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 446727 | 22 |
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| Last trade - 11.54am 29/07/2024 (20 minute delay) ? |
| BRN (ASX) Chart |