48c would be worse, no option kicker for shareholders.
Unfortunately the hypothetical takeover offer is going to be based on the minimum the acquirer thinks it will take to get it across the line, and with the SP currently at sub 7c, $3 is not going to happen.
For General Information, page-2869
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10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $94.66M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 9.8¢ | $58.09K | 574.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 38503 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 194063 | 5 |
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| PER (ASX) Chart |