cynic or not?

  1. djp
    64 Posts.
    The current market cap of this company is $44m.

    From Dec 10 through to Dec 11 the market cap was $53m - $58m.

    I have been an accumulating holder since Feb '10 and presently have my finger on the buy button again.

    Then I think, "hang on, if this company has anywhere near the potential fellow shareholders (and Twin) think, why doesn't a big pharma come along and offer us $1 a share?" They could then own this company & its IP for a relatively meagre cost of $770m.

    What takeover offer do you think the top 20 would accept?
    What would you accept?
    Why the hell is this thing still under 6 and not 15+?



 
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(20min delay)
Last
1.2¢
Change
-0.001(7.69%)
Mkt cap ! $32.46M
Open High Low Value Volume
1.3¢ 1.3¢ 1.2¢ $9.319K 770.8K

Buyers (Bids)

No. Vol. Price($)
11 1803502 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 2685062 6
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Last trade - 13.25pm 14/07/2025 (20 minute delay) ?
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