Upstart spec stock with no revenue vs billion dollar company with dominant market share and deep pockets?
Have to agree that if the rumour of a bid is real there must be a lot going on behind the scenes that is yet to be announced. In the case of an outright purchase they cant be going this alone
Leigh Creek Energy Bidding for Incitec Pivot's Fertiliser Business, page-14
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Mkt cap ! $10.85M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $1.204K | 243.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 15633506 | 0.4¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 7777911 | 8 |
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