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736 Posts.
53
29/06/22
16:36
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Other problem with low SP is if there are companies thinking of taking over/buying out, they can do so at a relatively cheap price (even at a premium)
They could say offer 40c or so for a buy-out which whilst is a ~90% premium to current share price, a lot of investors will still be in the red
Not saying this will happy but that's one of the consequences of having a low/depressed SP
Anyway, be interesting to see what happens in the next few months
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