EXT excite technology services ltd

Dalatta I have copied and pasted what you have directed me...

  1. 12,639 Posts.
    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.
 
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Last
0.8¢
Change
0.000(0.00%)
Mkt cap ! $16.58M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
6 779760 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
0.9¢ 4498266 2
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Last trade - 11.31am 23/06/2025 (20 minute delay) ?
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