i dont beleive wap will have much play in any takeover of mel except perhaps from the first to make an offer. there is in my veiw a likelihood of competative tension[s].i dont beleive the first offeror would be best served by a low offer.the offeror would know any low offer will be trumped. i beleive there is a significant chance that the first offer will be for full value[ie not a blue sky valuation]. on the other hand a low bid could serve to get the juices flowing as an auction war gets going.
1mthvwap+45%=65?, page-6
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.342M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 12645040 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 12959974 | 11 |
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