The point being any takeover attempt either via the register or not, will likely create a frenzy on the share price and any initial offer would hopefully be turned down by shareholders who would be of the thinking that a competitors counter offer could be put on the table shortly afterwards. Intel Vs Samsung, fight!
The suggestion that should an offer be put on the table today that it would be accepted if only 10% over current market price is ludicrous.
My initial comment of what I would happy to accept as a long term shareholder should a takeover offer emerge should have been read in the context that such an offer would not be forthcoming in the immediate future given how far away from the current price it was, and anyone with half a brain would have been able to understand that.
Ann: Weebit Nano retail investor briefings, page-254
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Mkt cap ! $481.4M | |||
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