Issue is with such a low MC at the current price share based payment will be giving away a larger proportion of the company than if the price was higher, as well as having the current debt.
Personally I would like to see at least 6 months of positive cash flow and some debt wiped before borrowing again.
Unsure how they could acquire a company efficiently at the current time.
Apple are releasing the new iPhone shortly which historically boosts their SP and may be some attention back to tech, I am aware I'm clutching at straws here.
Goodluck
- Forums
- ASX - By Stock
- VN8
- Potential Takeover Target
Potential Takeover Target, page-2
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VN8 (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.66M |
Open | High | Low | Value | Volume |
3.5¢ | 3.5¢ | 3.5¢ | $17.12K | 489.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 1323957 | 3.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.6¢ | 3589476 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1273957 | 0.035 |
6 | 2769644 | 0.034 |
2 | 3515152 | 0.033 |
1 | 1562500 | 0.032 |
2 | 65000 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.036 | 3589476 | 11 |
0.037 | 10341271 | 8 |
0.038 | 629196 | 3 |
0.040 | 51000 | 2 |
0.048 | 400000 | 1 |
Last trade - 10.09am 25/07/2024 (20 minute delay) ? |
Featured News
VN8 (ASX) Chart |