He was probably a little surprised by market reaction.
me also. I really thought the shares would be at least 3 cents.
Takeover is worth about 4.5c
Plus a real possibility SVM could run once the market realizes the potential earning of this. SVM will go from holding a lot of their market cap in cash to another animal. So really could double pretty quickly if deal goes ahead and approval is granted? So really worth maybe 8 cents in that scenario?
I don't think that is very far fetched at all. 4x!
Ann: CLA Signs Non-Binding Term Sheet and Subscription Agreement, page-165
-
- There are more pages in this discussion • 91 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 CLA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.3¢ |
Change
0.002(18.2%) |
Mkt cap ! $31.56M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.3¢ | 1.1¢ | $12.70K | 1.043M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 105171 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 1116161 | 3 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| CLA (ASX) Chart |