The company would be tripping over their own feet to announce that ‘low ball’ offer to SH, which by the way matches that internal valuation WP made a while ago, that would seem to make that offer fairly valued.
This IP is obviously not de-risked, has a long way too go and will take way more than the current spend to put a rocket under the sp.
In the interim a CR likely at half that ‘low ball’ takeover offer, …… sooner that offer made the better.
Absolutely nothing weak what so ever by cashing in a ‘four bagger’.
Imho.
Cheap takeover, page-9
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Last
$19.95 |
Change
0.200(1.01%) |
Mkt cap ! $383.4M | |||
| Open | High | Low | Value | Volume |
| $19.95 | $20.00 | $19.83 | $183.2K | 9.187K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25 | $19.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.95 | 472 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
| AVR (ASX) Chart |