Private equity doing a takeover will give us short term profits. No doubt, after the takeover, the players will list the company or portions of it on the ASX, for a fat profit. Anyone remember Dick Smith or some of the other retailers?
I will resist the short term lure of a takeover. The company is worth billions, not 200m which is it's approx current marcap. Selling the company for anything less than a few billion is just plain dumb.
PS. I'm pretty bullish mainly because I have faith in the GJ brand, which has the potential to grow exponentially if rolled out properly overseas. .
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Last
8.0¢ |
Change
0.001(1.27%) |
Mkt cap ! $199.1M |
Open | High | Low | Value | Volume |
7.8¢ | 8.0¢ | 7.8¢ | $147.4K | 1.882M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 315693 | 7.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.0¢ | 1752610 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 315693 | 0.078 |
6 | 817058 | 0.077 |
4 | 407760 | 0.076 |
11 | 511515 | 0.075 |
3 | 215466 | 0.074 |
Price($) | Vol. | No. |
---|---|---|
0.080 | 1752610 | 12 |
0.081 | 1148086 | 5 |
0.082 | 1612398 | 6 |
0.083 | 1509347 | 3 |
0.084 | 1091021 | 4 |
Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
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RFG (ASX) Chart |