Some things to note as a former holder myself.
1. I believe the offer is a pittance.
2. However, to play devils advocate, would the price be almost 50c right now but for the offer? or would it still be late 20's, maybe early 30s?
I know POG is increasing, but near term price catalysts were not there, from a company perspective, only macro.
In saying that, a revised offer of 2-2.2 to 1 is fair, but extremely unlikely. Perhaps 2.6 at best, which I still don't see happening.
I hope I am wrong. Good luck to all.
- Forums
- ASX - By Stock
- BRB
- Ann: Target's Statement to Recommended Takeover Offer Bid
Ann: Target's Statement to Recommended Takeover Offer Bid, page-6
-
- There are more pages in this discussion • 62 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 BRB (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online