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.
A further thought on a cheap 2 dollar takeover. If you see it in...
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Last
27.0¢ |
Change
0.030(12.5%) |
Mkt cap ! $48.50M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 29.5¢ | 26.0¢ | $113.1K | 420.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4999 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 3935 | 1 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| CYP (ASX) Chart |