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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Deutscher's job is to blow wind up their arses and tell them...
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Last
17.0¢ |
Change
-0.010(5.56%) |
Mkt cap ! $53.82M |
Open | High | Low | Value | Volume |
17.0¢ | 17.0¢ | 17.0¢ | $33.35K | 196.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 130000 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.0¢ | 43287 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 130000 | 0.175 |
2 | 133448 | 0.170 |
2 | 12120 | 0.165 |
3 | 121875 | 0.160 |
3 | 112258 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.180 | 43287 | 1 |
0.190 | 92473 | 1 |
0.200 | 160419 | 2 |
0.210 | 21993 | 2 |
0.220 | 610000 | 1 |
Last trade - 11.16am 25/06/2024 (20 minute delay) ? |
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