I think the math is a bit flawed also, most take overs offers in these beaten down market cap stocks you would have to offer a 40% minimum premium to obtain 51% acceptance and control.
The article presumes all the stock could be bought at around the last traded price which clearly is ridiculous, Having said that the article does not paint a very rosy picture for a number of small to mid tier explorers not just PLV.
- Forums
- ASX - By Stock
- another article from highgrade.net
I think the math is a bit flawed also, most take overs offers in...
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PLV (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online