"Likewise, I don't think there is a $$$$ takeover offer sitting in the wings, simply because we are at $0.17 ~ $0.18 right now. Would be wild to just offer 5 billion USD to buy out something sitting well below a billion AUD."
No, but a USD$1.5b offer for BOT would be AUD$1.50 per share, which isn't all that far off from a 50c SP post FDA approval. And that would land $112m in the company founder's lap. Of course, Matt might not want only $112m.
I only see upside here and am very positive - I'm just not sure which path it will take when it eventuates.
Bot Chart, page-8237
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Last
38.0¢ |
Change
0.055(16.9%) |
Mkt cap ! $687.8M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 38.0¢ | 33.0¢ | $7.103M | 19.63M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 134000 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 650314 | 19 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| BOT (ASX) Chart |