Fair point, however I'm not sure who would buy their stake without a renewed agreement (at any price)??
Playing devil's advocate here as I see this as their primary risk and what will hold the share price back until / if ever resolved;
1) they announce they won't renew in 2022 -> Share price collapses -> They make a takeover offer. (integration risk, jaded CEO...)
2) they just write off their investment and don't renew their licence as I originally suggested in 2022.
3) they takeover in 2021 when everyone is super nervous about renewal at a depressed price. (assumes JIN hasn't diversified seriously)
Fair point, however I'm not sure who would buy their stake...
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Last
$13.52 |
Change
-0.490(3.50%) |
Mkt cap ! $851.3M | |||
| Open | High | Low | Value | Volume |
| $13.80 | $13.82 | $13.31 | $4.478M | 331.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 246 | $13.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.60 | 1075 | 1 |
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| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| JIN (ASX) Chart |