Dalatta I have copied and pasted what you have directed me to:-
In business, when a company is threatened with takeover, the crown jewel defence is a strategy in which the target company sells off its most attractive assets to a friendly third party or spin off the valuable assets in a separate entity. Consequently, the unfriendly bidder is less attracted to the company assets. Other effects include dilution of holdings of the acquirer, making the takeover uneconomical to third parties, and adverse influence of current share prices.
My comments:- As I said previously today, it really doesn't matter as to why polo sold. What does matter is the price that they sold at. I personally think concentrating on EXT's business is much more important rather than focussing on Polo's business which is irrelevant.
Going by the above description I think that it is very sad for Polo if they wish to basically break it's company down or weaken the company's position by selling it's best assets to make it less attractive but if that is the case then so be it.
This is all being hypothetical of course.
Keep in mind that in going by this theory then this is also saying that EXT could let go of their best assets to try to wane off a takeover. That would be nonsense and senseless as well so I see little merit in the above.
- Forums
- ASX - By Stock
- itochu buying 10% of ext for us$170m?
EXT
excite technology services ltd
Add to My Watchlist
12.5%
!
0.9¢

Dalatta I have copied and pasted what you have directed me...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
0.9¢ |
Change
0.001(12.5%) |
Mkt cap ! $18.65M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.9¢ | $1.044K | 115.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 404545 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 4382301 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 404545 | 0.008 |
7 | 5298700 | 0.007 |
5 | 4516666 | 0.006 |
2 | 1280000 | 0.005 |
2 | 1498000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 4382301 | 2 |
0.010 | 2793222 | 3 |
0.011 | 4166701 | 8 |
0.012 | 1482124 | 5 |
0.013 | 314500 | 2 |
Last trade - 15.04pm 23/06/2025 (20 minute delay) ? |
Featured News
EXT (ASX) Chart |