Deutscher's job is to blow wind up their arses and tell them about shiny things while plundering their pockets.
There is no way someone will pay $200m for this. But do we care? If someone paid $100m they could give their market cap back as a return of capital and have $50m in the bank. Wouldn't that be a dream.
And the question as to why someone doesn't just bid for the company? I've been told that the major shareholders would not accept any bid at any price - they don't understand the idea of operating in the best interests of shareholders. I've been told explicitly that they would reject a $200m bid even though this a 5x uplift.
This company is not run for the benefit of shareholders.
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Last
21.5¢ |
Change
0.005(2.38%) |
Mkt cap ! $72.94M |
Open | High | Low | Value | Volume |
21.0¢ | 21.5¢ | 20.5¢ | $24.05K | 115.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 89323 | 21.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.5¢ | 341 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 89323 | 0.210 |
3 | 27800 | 0.200 |
3 | 166580 | 0.190 |
1 | 20000 | 0.185 |
2 | 53800 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.215 | 341 | 1 |
0.220 | 11750 | 2 |
0.230 | 30000 | 1 |
0.240 | 153300 | 2 |
0.245 | 27000 | 2 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
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