I don't understand this. Why sell for 2-5% of its value? If you share the conviction that we are best in market, then we will absolutely steal market share and our valuation will go way higher. I reckon hold tight, go it alone, at least for a time, and make 'em pay much closer to the real value. I think much of the value will emerge in less than 5 years.
If we are making big hairy crazy statements this weekend, then for fun here's mine: Edwards are toast. They're almost a mono line business, the time to take us out was ages ago, as a defensive measure if nothing else. The more they're willing to pay, the more they're saying we will win and the more confident they are that they're toast. They'll be be paying a higher and higher % of their MC just to keep their MC. Their shareholders will be diluted to oblivion. It makes no sense for us either, we will be sharing the value of the business we already own with all the EW holders but not picking up access to other revenue lines. Dumb, be better to keep the value we already have to ourselves than share it. The best offer would come from someone outside the 2 market leaders buying in, because they're not cannibalising their own business and shareholders.
Comes down to your conviction about what we have. I think we are a market leader in the making, so won't be selling anytime soon. As I said the other day, if I had the resources of an institution, I'd double down on the market disruption and short EW and go long AVR. Twice the profit from the one event.
- Forums
- ASX - By Stock
- Interview with Wayne and Proactive Investors
I don't understand this. Why sell for 2-5% of its value? If...
- There are more pages in this discussion • 18 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 AVR (ASX) to my watchlist
(20min delay)
|
|||||
Last
$21.30 |
Change
-0.400(1.84%) |
Mkt cap ! $409.1M |
Open | High | Low | Value | Volume |
$21.46 | $21.50 | $21.15 | $56.44K | 2.653K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 51 | $21.30 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$21.42 | 10 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 46 | 21.730 |
1 | 1 | 21.310 |
1 | 51 | 21.300 |
1 | 500 | 21.160 |
1 | 974 | 21.150 |
Price($) | Vol. | No. |
---|---|---|
21.170 | 10 | 1 |
21.700 | 776 | 1 |
22.200 | 107 | 1 |
22.610 | 254 | 1 |
22.800 | 200 | 1 |
Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
|
|||||
Last
$21.31 |
  |
Change
-0.400 ( 0.37 %) |
|||
Open | High | Low | Volume | ||
$21.49 | $21.50 | $21.29 | 203 | ||
Last updated 15.59pm 02/05/2024 ? |
Featured News
AVR (ASX) Chart |
The Watchlist
RDN
RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
Dusko Ljubojevic
MD
SPONSORED BY The Market Online