I use to subscribe to Rene Rivkin and his weekly newsletter. He wrote a book called Rivkin Rules and one of those rules stated that:
If you can buy at, or below a bonified takeoffer price to purchase a company you should, as the first offer is rearly the last, and many times this first offer draws out other players that are interested, and you can sometimes end up in a bidding war.
As to what happens in this case...who knows.
Do your own due diligence.
Not financial advice.
Good luck to all
Sparky
I use to subscribe to Rene Rivkin and his weekly newsletter. He...
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Last
7.9¢ |
Change
0.001(1.28%) |
Mkt cap ! $181.0M | |||
| Open | High | Low | Value | Volume |
| 7.9¢ | 8.0¢ | 7.9¢ | $144.1K | 1.815M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 111478 | 7.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.0¢ | 5684387 | 27 |
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| Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
| XAM (ASX) Chart |