The issue of a takeover is that this is essentially a binary proposition: it's either a game changing success or a complete failure.
If the former it will be worth squillions, if the latter, completely worthless. There's no world where FBR has a place but not a very big one. Once CRH have decided they want 300 Hx then they will soon decide they want 1000 Hx.
So how do you price a takeover in such a circumstance? If you're CRH and you're pretty sure it's going to be worth squillions then any takeover offer means you've signalled to the market (both incumbent holders and competing buyers) that it's a winner. You're not going to be able to offer 1 per cent of squillions you'll need to offer 20-30% of squillions - maybe 10-20% if they think FBR holders are impatient.
- Forums
- ASX - By Stock
- FBR
- FBR General Discussion
FBR General Discussion, page-4969
-
-
- There are more pages in this discussion • 738 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FBR (ASX) to my watchlist
|
|||||
Last
2.4¢ |
Change
-0.001(4.00%) |
Mkt cap ! $106.6M |
Open | High | Low | Value | Volume |
2.4¢ | 2.5¢ | 2.4¢ | $30.22K | 1.246M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 2149681 | 2.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.5¢ | 3141381 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 2149681 | 0.024 |
33 | 7250078 | 0.023 |
20 | 3061913 | 0.022 |
7 | 2802157 | 0.021 |
16 | 4293746 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.025 | 3141381 | 17 |
0.026 | 3134395 | 18 |
0.027 | 2531680 | 6 |
0.028 | 3471888 | 4 |
0.029 | 343680 | 1 |
Last trade - 15.30pm 27/06/2024 (20 minute delay) ? |
Featured News
FBR (ASX) Chart |