I agree with your analysis.
The transaction is disappointing IMO.
The worlwide distribution agreements in place have not yet provided much fruit. Definitely not what Dr Luke Reid was promoting at the IPO.
Microba is valuing the company at 30% less than the market was while carrying out this acquisition at 23 cents a share.
I think its a big mistake. They state that Invivo is cashflow neutral but no doubt in Microba's hands it will have added costs in pushing for growth and expanding the product range with Microba products. Also the current owners probably ran the company on a shoestring and now probably have wages that are more in line with market.
- Forums
- ASX - By Stock
- MAP
- Ann: Investor Presentation
Ann: Investor Presentation, page-3
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MAP (ASX) to my watchlist
|
|||||
Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $71.65M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 90047 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 328067 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 62652 | 0.160 |
1 | 2430 | 0.155 |
3 | 68980 | 0.150 |
3 | 30586 | 0.145 |
3 | 72147 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 328067 | 2 |
0.180 | 26337 | 1 |
0.185 | 6000 | 1 |
0.190 | 80000 | 1 |
0.195 | 32660 | 1 |
Last trade - 09.32am 01/07/2024 (20 minute delay) ? |
Featured News
MAP (ASX) Chart |
Day chart unavailable
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online