I would suggest that any hostile takeover would not fetch $3.5B, it would be a lot higher. I think you would find management organising a 'white knight' of sorts to either make sure the share price goes through the roof and they vacuum shares up or could defend it from this. Obviously it is a great end game to be taken out by them for outrageous multiples but I don't think it would be a hostile event due to the shit-housery that requires.
Just my thoughts anyway. Glad to be in this one for a few months now think management are kicking some serious butt.
Looking forward to this being well over $5 before a takeover is on the cards. Hoping that these trials come back with strong results.
Cheers,
Gazza69
I would suggest that any hostile takeover would not fetch $3.5B,...
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Last
8.2¢ |
Change
-0.003(3.53%) |
Mkt cap ! $600.2M | |||
| Open | High | Low | Value | Volume |
| 8.5¢ | 8.6¢ | 8.2¢ | $1.246M | 14.84M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 446526 | 8.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.3¢ | 535664 | 2 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
8.2¢ |
Change
-0.003 ( 2.38 %) |
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| Open | High | Low | Volume | ||
| 8.6¢ | 8.6¢ | 8.2¢ | 4518456 | ||
| Last updated 15.57pm 03/05/2024 ? | |||||
| IMU (ASX) Chart |