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!
He was probably a little surprised by market reaction.me also. I...
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Change
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Mkt cap ! $26.70M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 15 | 4769463 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 592227 | 1 |
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| CLA (ASX) Chart |