Agreed.
Takeover targets usually trade at a premium when the markets thinks a deal will get done.
The first offer will be followed by another by a different suitor before the serious and final offer comes in.
In this case the market knows the major players will never sell at this lowball price and why should they?
Opportunistic by the chinese and doomed to failure.
Trple bottom on the cards.
classic case for asics, page-14
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BMN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.85 |
Change
-0.100(3.39%) |
Mkt cap ! $509.0M | |||
| Open | High | Low | Value | Volume |
| $2.86 | $2.88 | $2.80 | $1.040M | 365.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 358 | $2.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.86 | 103 | 2 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| BMN (ASX) Chart |