On the contrary, I think a TO offer would be good thing @Kegarne , not because I want it to happen nor that I think it will be successful.
There are two mighty blockages to a successful TO, the billionaire blocking stake that's already been commented on (Alex, Anthony, SI, and the rest of us MSBers) but more importantly the Australian Foreign Investment Review Board (FIRB).
So why it would be a good thing, especially a hostile TO offer is it gives us all a view as to what the market prices MSB at. Hell's Bells, I hope an auction amongst big pharma ensues.
It allows us LT holders a bit of "war-gaming", a looking glass into the future value of this company. all the while knowing it's most likely to fail.
No doubt, it will also be nerve-wracking, so best prepare mentally for it now.
On the contrary, I think a TO offer would be good thing @Kegarne...
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Last
$1.09 |
Change
0.015(1.40%) |
Mkt cap ! $1.238B | |||
| Open | High | Low | Value | Volume |
| $1.11 | $1.12 | $1.08 | $11.51M | 10.52M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 17804 | $1.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.09 | 230637 | 5 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.09 |
Change
0.015 ( 1.85 %) |
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| Open | High | Low | Volume | ||
| $1.10 | $1.12 | $1.08 | 1937390 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| MSB (ASX) Chart |