I already have too many GRB shares... but 8.5c is tempting... maybe I need another drink...
As for a takeover price I think if someone lobbed in a 15c per share offer, there would likely be a competitive bid that would push 18c. My own speculation of course. Depends on how keen management is to sell as they hold a massive chunk of the stock - not seen a register lately to know how much, but I'm guessing they have enough to determine whether a sale would happen or not. Lion will be cashed up if the dairy sale gets through the FIRB.
Competitior news, page-27
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Last
26.0¢ |
Change
-0.005(1.89%) |
Mkt cap ! $34.35M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.0¢ | 26.0¢ | $29.63K | 113.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 123409 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 50000 | 1 |
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| Last trade - 15.32pm 01/08/2024 (20 minute delay) ? |
| GDA (ASX) Chart |