it is a cap. nothing strange about it in that context.
if a decent bite gets put on it they will scuttle back to the rock they hide under.
if these guys were half as smart as they think they are they would know that the artificial sell off to 8c, and now the hamfisted attempt to cap at 15.5c (right on the T/O offer...) is a huge buy signal for anyone who knows one end of the market from the other.
MMW is worth 40c.
PAN has as much chance of getting it for 15c as Julia Gillard does of ever being elected PM.
- Forums
- ASX - By Stock
- Ann: Takeover Offer by Panoramic Resources
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Currently unlisted public company.
The Watchlist
AFP
AFT PHARMACEUTICALS LIMITED
Hartley Atkinson, CEO & Founder
Hartley Atkinson
CEO & Founder
Previous Video
Next Video
SPONSORED BY The Market Online