@Hitro,
I agree with your views relating to the links and set up for a buyout.
I think the timing of the buyout will be before the end of this calendar year.
The current market cap is just $10m, so a takeover will cost somewhere around $13m based on a 30% premium to today's share price.
That makes it far too irresistible for anyone wanting to take them over.
Ann: Appointment Ian Porter as CEO, page-6
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Last
3.7¢ |
Change
-0.001(1.35%) |
Mkt cap ! $13.20M | |||
| Open | High | Low | Value | Volume |
| 3.6¢ | 3.7¢ | 3.6¢ | $1.393K | 38.61K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 11405414 | 3.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.7¢ | 2064551 | 5 |
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| VN8 (ASX) Chart |