I can't remember where I read it, but if I recall right, BOT was backed initially by venture capitalists? (correct me if wrong), meaning that they'd be eventually looking for an exit for their investment. This means that a takeover could very well be an attractive open for the directors to achieve that exit and satisfy the venture capitalists.
But what would be the motivator to do it sooner than later, when if you wait a couple years, grow immensely in accordance with the predicted revenue growth?
Its like the situation of when we paid off those we bought sofpironium bromide from to buy out the liability to pay their royalties; if only they waited to keep their slice of the big pie to come.
What do you all think is a good exit for the directors?
- Forums
- ASX - By Stock
- BOT
- BOT - Post Approval Takeover Predictions
BOT - Post Approval Takeover Predictions, page-2
-
-
- There are more pages in this discussion • 64 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 BOT (ASX) to my watchlist
|
|||||
Last
38.0¢ |
Change
0.010(2.70%) |
Mkt cap ! $687.8M |
Open | High | Low | Value | Volume |
37.0¢ | 38.0¢ | 36.5¢ | $1.324M | 3.541M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 4056 | 37.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
38.0¢ | 653729 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 4056 | 0.370 |
3 | 139768 | 0.365 |
7 | 205337 | 0.360 |
2 | 94461 | 0.355 |
4 | 439000 | 0.350 |
Price($) | Vol. | No. |
---|---|---|
0.380 | 649482 | 16 |
0.385 | 410186 | 6 |
0.390 | 352859 | 19 |
0.395 | 378120 | 10 |
0.400 | 873966 | 23 |
Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
Featured News
BOT (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online