I purchased a swag full of these at 9ish cents. I doubt if the offer (if there is one) will be at these levels.
Why would the company need so long to make an announcement such as "we have been approached by XYZ regarding a potential takeover, discussions are continuing"?
Clearly there is more to this. I think that if the 'takeover' does not happen then the company has no choice but to place itslef into administration. Then we get nothing.
I think someone had insider info when the price halved in the week after the results were announced, not when those with false hope pushed the price to 0.052 cents.
There are so many different points of view with this stock. I love to hate this stock as its added many years to my life and my other half has me by the b@lls when she found I punted so much on it.
It better get relisted so she can release some of the pressure!
ISF Price at posting:
5.2¢ Sentiment: Hold Disclosure: Held