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
Do you understand that takeovers are generally bad for investors...
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