Bradken is a much stable mining service company than others, she is a global diversify company with regular customers from mining industries. I never see this share price in history even at financial crisis in 2008.
At moment , so many thing is going on, it has been off market take price from $7 per share to $2.5 per share that ware rejected by Bradken because the offer price was under valued.
Now, any offer price more than $2 per share is the possible to takeover will be agreed by board , but it could be reject by board.
I still reckon, Bradken is a cyclic mining engineering company, soon the mining starts boom again, it will send share price to the sky say $10 per share.
but , share price should be more than $2 per share at moment. because some penitential bidets try to manipulate share price to push share price as lower as possible.
DYOR
BKN Price at posting:
$1.33 Sentiment: None Disclosure: Not Held