SBN 0.00% 0.0¢ sun biomedical limited

inverness medical innovations , page-5

  1. gsw
    4,920 Posts.
    I can just see the sale's manager of Inverness fronting the Board and trying to explain why such a small Aust controlled company is impacting on their sales.

    Have a look at the history of Inverness, they pay big bucks for small companies, especially ones that give them revenue streams.

    Before anyone asks, it will have to be a friendly take over (when and if it happens) as Inverness must secure 90% of the stock before compulsary acquistion kicks in. Before that happens they have to take a stake in the company and when they reach 18% they then have to make their intentions known.
    Imagine the SP if someone wanted to by 80 mil shares!

 
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