For what it's worth : if I was Sumitomo Dainippon I'd have hit hard , with a high opening bid , circa $ 3 or $ 4 ....
... get the shareholders onside immediately , bid 100 % or more above the market SP .... attempt a rapid bushwhack .... do the deal quickly ... don't give Fuji and others time enough to mount a counter offensive ...
$ 200 million ... $ 400 mill .... its chump change to corporations worth tens of billions ... particularly in such a low interest rate environment ....
.. whereas Cynata , if the technology works out as hoped , could be worth billions to them annually ...
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Last
25.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $45.80M |
Open | High | Low | Value | Volume |
25.5¢ | 25.5¢ | 25.5¢ | $3.545K | 13.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20209 | 25.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
26.0¢ | 36715 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20209 | 0.250 |
2 | 49573 | 0.245 |
2 | 102000 | 0.240 |
1 | 100000 | 0.235 |
2 | 15173 | 0.230 |
Price($) | Vol. | No. |
---|---|---|
0.260 | 36715 | 1 |
0.265 | 8119 | 2 |
0.270 | 30000 | 1 |
0.290 | 1900 | 1 |
0.295 | 183892 | 1 |
Last trade - 10.06am 29/07/2024 (20 minute delay) ? |
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CYP (ASX) Chart |