this is from Minster Allen website
" What is interesting about those hostile off-market takeover bids is the likelihood that the Bidder will succeed in achieving control of Target, that is, Bidder reaching ownership of 50.1% or more of Target shares."
https://www.minterellison.com/articles/hostile-takeover-bids
this is what is i'm referring too. Based on the management - this is certainly a possibility
Ann: Financial Results for the Half Year ended 30 June 2023, page-49
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Mkt cap ! $45.71M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 1500 | 68.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 69.0¢ | 16504 | 1 |
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| Last trade - 16.12pm 31/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 68.0¢ | 68.5¢ | 68.0¢ | 3000 | ||
| Last updated 15.04pm 31/05/2024 ? | |||||
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