BYL is an illiquid stock, so it does not lend itself to a business acquirer to build up a meaningful stake prior to making a formal move to acquire the company. A would-be acquirer would be well advised to negotiate an understanding with the Brierty family, and then make such moves as are called for if this familial hurdle can be overcome.
Anyhow the shares that I acquired recently at 6.6c have gained, so that's a minor win
- Forums
- ASX - By Stock
- An acquisition potential
BYL is an illiquid stock, so it does not lend itself to a...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BYL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online