Unfortunately, I think it's an ideal time for someone bigger to come in and sweep up, now that most of the heavy lifting has been done and with the SP so low. Based on the DFS (CRM and a little HRM), we're worth 33c a share, but obviously the offer we'd get now won't be anywhere near that (IMO). Most of us are underwater, so we won't be accepting low ball offers, and it would also depend on the structure of the takeover (cash only, scrip, options, JV, etc etc). Personally, I wouldn't even be slightly interested in anything under 20c for whatever that's worth.
General comments/chat, page-42047
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Last
1.9¢ |
Change
0.002(11.8%) |
Mkt cap ! $59.09M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.9¢ | 1.7¢ | $119.9K | 6.521M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 3284698 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 906031 | 4 |
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| Last trade - 16.10pm 18/06/2024 (20 minute delay) ? |
| ADN (ASX) Chart |