BRK 3.70% 1.3¢ brookside energy limited

The issue with buyout and current share price is that, a...

  1. 64 Posts.
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    The issue with buyout and current share price is that, a potential buyer wouldn't be paying much more than the current SP. Even if they pay double, at current price that would be only 0.022-3. I don't see a company paying more than 100% premium over the current REAL price, which is the market price for the asset. That is why lifting the SP would be critical to get better deal down the line, if it comes to that.

    On the contrary say share price was 0.04. If they want to but your assets, they will have to pay that, plus a bit more. So while some people here disregard SP completely, and only put value on the company's asset base and operations, the share price is, in my opinion, also very important and a tool to communicate to others externally.

    In the example somebody mentioned about the house, if the house next to you, same floorplan and finish, sold for 500k, I don't care if you believe yours is 2 million, I will offer you 600k max. If the house next to you sells for 2 million, you will probably get offers over 2 million. That is just how the market works. The share price action is, in a way, the house next door.


 
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39 20733228 1.3¢
 

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1.4¢ 11192745 15
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Last trade - 11.45am 06/05/2024 (20 minute delay) ?
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