Do you understand that takeovers are generally bad for investors in a company? I have had two companies taken over whilst I owned them. In both cases there was an immediate gain of about 30% on the current share price. Sometimes it is more. example NVL
However, if you can get a fast grower at a fair price, you can make 3, 5, 10 or 12 times your money.
* Takeover - Immediate (or after a few months) 30%, compared to:
* Hold a fast grower for ten years. Example $2.00 share compounded at 25% per annum is $18.62
Ann: Response to Price Query, page-6
Add KME (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
42.0¢ |
Change
0.010(2.44%) |
Mkt cap ! $23.87M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 42.0¢ | 41.0¢ | $3.479K | 8.333K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 87150 | 40.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 11209 | 1 |
View Market Depth
| Last trade - 15.31pm 23/08/2024 (20 minute delay) ? |
| KME (ASX) Chart |