A further thought on a cheap 2 dollar takeover. If you see it in the context of a $4M profit for the two directors you might think they would not accept such a small amount. But if you add the context that they are both paying interest or have locked up personal funds into a non productive asset, a 2 dollar takeover starts to look attractive. I just think it's a bit near sighted to assume they would reject what the rest of us would reject. Well that's my thinking take it or leave it.
Fair Value Please, page-333
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29.0¢ |
Change
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Mkt cap ! $52.09M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 29.0¢ | 27.0¢ | $8.285K | 29.43K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 35573 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 16184 | 1 |
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