It largely depends on the acquisition I think.
Ones like RYG and BRN have multi bagged from higher bases and raised capital along the way.
I don't mind them taking their time as well and finding something top notch without dragging it out too long.
The smaller the EV to begin with the better. A good clean register with a raising already done is good too.
GLN ticks all the boxes for me and am happy to wait. CPS are one of the best advisors also. Wouldn't rule out a jump at some stage if the acquisition is quality.
Charts, page-49
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$1.05 |
Change
0.250(31.3%) |
Mkt cap ! $11.91M | |||
| Open | High | Low | Value | Volume |
| 81.5¢ | $1.09 | 81.5¢ | $67.07K | 66.32K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5000 | $1.02 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.05 | 3682 | 1 |
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