Adam
no need to complicate a simple matter with a new conspiracy theory
Fact is of the 2100 odd listed companies 40 odd go through Either a merger or a takeover (not sure of the split) but cetainly not all takeovers
Some of those are just shell companies with a value of zero but are cheap ways to get a listing
Most are done a prices very favourable to shareholders
Simple really if you dont like the offer do not accept it .
Management cannot cater for every shareholder who does not know whats going on but if and when the 50 to chance comes up I am sure they will let you know if they feel it is fair value
Until there is 51%acquired even a hostile takeover (where managment is replaced) is out of the question
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Open | High | Low | Value | Volume |
41.0¢ | 41.0¢ | 38.0¢ | $63.03K | 163.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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2 | 18942 | 0.380 |
1 | 20000 | 0.375 |
3 | 9000 | 0.370 |
4 | 5301 | 0.360 |
Price($) | Vol. | No. |
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0.405 | 6000 | 1 |
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