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.
The company would be tripping over their own feet to announce...
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Last
$19.00 |
Change
0.100(0.53%) |
Mkt cap ! $365.2M | |||
| Open | High | Low | Value | Volume |
| $18.88 | $19.00 | $18.59 | $81.83K | 4.377K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 520 | $18.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.00 | 200 | 1 |
View Market Depth
| Last trade - 15.49pm 07/06/2024 (20 minute delay) ? |
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Last
$19.00 |
Change
0.100 ( 0.65 %) |
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| Open | High | Low | Volume | ||
| $19.00 | $19.00 | $19.00 | 1 | ||
| Last updated 15.53pm 07/06/2024 ? | |||||
| AVR (ASX) Chart |