Just imagine the company's revenue when Linnepan (excuse spelling) is also producing (not to far away either) and the opportunities such cash flow will offer.
5.5c is a joke.
If the offer falls through or even if they remain as a majority shareholder I think in a few months or especially later in 2015 we will see the share price reflecting true value which could certainly be double what it is now.
The longer BCP play games the more they will have to offer in order to get 90%.
Ann: Variation of Takeover Bid - Extension of Offer Period, page-15
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85.3¢ |
Change
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Mkt cap ! $194.4M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 1 | 1100 | 84.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 88.5¢ | 2424 | 1 |
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