I don’t see half the shareholders accepting anything close to 16cents. Would have to be multiples of what we are now to get a majority to accept a takeover bid
A lot of those that participated in the spp and those that hold have been here for a very long time and have learnt the art of patience lol. Can’t see a stale share price for a couple of months after a massive raise being the precursor to selling out early and not realising the big prize
Also looking at what our directors have tipped in over the last little while as well as some of the big shareholders we have among us I can’t see them accepting a half baked takeover price
all in my opinion and admit I’ve never been thru a takeover before, just how I see it
FFX Price at posting:
14.0¢ Sentiment: Hold Disclosure: Held