I firmly believe that there will be a takeover offer for DSE somewhere down the line in the mid-term.
TopLine Capital Partners have been accumulating steadily, owning almost 15.6% now I believe. What is their exit strategy for 15.6% in an illiquid small-cap stock? The only one that doesn't involve years will be a takeover, which completely makes sense given that DSE is operating with proprietary technology that is working better than its closest competitor at a fraction of their MC. They could honestly be scouting offers right now, it also gives the board a chance to liquidate too.
Watch this space, further accumulation will continue.
DSE Takeover
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Last
$4.36 |
Change
-0.140(3.11%) |
Mkt cap ! $306.3M | |||
| Open | High | Low | Value | Volume |
| $4.55 | $4.78 | $4.25 | $1.822M | 397.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 120 | $4.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.36 | 958 | 1 |
View Market Depth
| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| DSE (ASX) Chart |