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
$16.10 |
Change
0.100(0.63%) |
Mkt cap ! $1.013B | |||
| Open | High | Low | Value | Volume |
| $15.99 | $16.17 | $15.94 | $1.713M | 106.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1250 | $16.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.11 | 188 | 1 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| JIN (ASX) Chart |