Looking at CAJ and IDX's share price reaction over the last few days, I got a feeling this takeover is not going to eventuate. By making a move for IDX, it had the potential to kill 3 birds with 1 stone.
First Bird
- IDX's share price would pounce post the announcement.
- It created an opportunity to realise gains for some holders.
Second Bird
- CAJ's share price would slide post the announcement.
- It created an opportunity to top up before the juicy half year report.
Third Bird
- The 11 x EBITDA price tag was a move to scare away other suitors.
Disclaimer: All my personal opinion. Don't take it too seriously.
- Forums
- ASX - By Stock
- CAJ
- Ann: Presentation - Capitol's Offer for Integral Diagnostics
Ann: Presentation - Capitol's Offer for Integral Diagnostics, page-47
-
- There are more pages in this discussion • 18 more messages 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 CAJ (ASX) to my watchlist
(20min delay)
|
|||||
Last
38.0¢ |
Change
-0.005(1.30%) |
Mkt cap ! $405.1M |
Open | High | Low | Value | Volume |
38.5¢ | 38.8¢ | 38.0¢ | $854.4K | 2.228M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 137364 | 38.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
39.0¢ | 2291738 | 21 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 137364 | 0.380 |
3 | 73766 | 0.375 |
6 | 190647 | 0.370 |
3 | 54397 | 0.365 |
4 | 277245 | 0.360 |
Price($) | Vol. | No. |
---|---|---|
0.390 | 2291738 | 21 |
0.395 | 1202421 | 4 |
0.400 | 2276433 | 6 |
0.405 | 26300 | 1 |
0.410 | 125735 | 3 |
Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
Featured News
CAJ (ASX) Chart |