Chinese Takeovers have fallen through a number of times. If Takeover does fall over 20c is likely to be the target. I suspect that they may come back with a lower offer say 40c. The question is does Catcha want to cash in their chips at that level?? For disclosure I have traded this over a number of years. Bought around average 20c sold around 30c plus.
Chinese Takeovers have fallen through a number of times. If...
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