I can't imagine a take over is in the works (or at least that it would go through). The directors personally own a buttload of shares, they know they would be in a much better position if they resisted a take over, at least for a long time to come.
And if there was a hostile take over in the works, the share price wouldn't be stagnant.
The only way a take over would happen is if the targeting entity was prepared to pay an insanely high premium - like 10x the current SP. Can't see that happening.
I can't imagine a take over is in the works (or at least that it...
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Mkt cap ! $13.90M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 2700800 | 4 |
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