The current share price for FMS is looking attractive for a takeover offer at the moment IMO. With the MMK .30 cent offer a couple years ago the share price was 10 times it is now.
Say for example there is a Chinese company that wants to take FMS over. With cash on hand almost exhausted and the SP declining, wouldn't the Chinese company wait until the last minute to propose a takeover, as the offer would look more attractive to shareholders. This could be one of many possible reasons for the delay. What do you guys think of a proposed take over offer or similar transaction and at what price would you be happy with?
I don't know...just food for thought.
The current share price for FMS is looking attractive for a...
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Last
87.0¢ |
Change
0.030(3.57%) |
Mkt cap ! $173.8M | |||
| Open | High | Low | Value | Volume |
| 84.5¢ | 87.0¢ | 84.0¢ | $3.179K | 3.714K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1704 | 84.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 87.0¢ | 1323 | 1 |
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| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| RHK (ASX) Chart |