"Teva bought a company for $40,500,000,000USD..........that's rediculous."
Yes, given Teva's market cap is around US$50bn, its a humongous bite ("transformational", even, as I read some analysts describe it).
"You're probably right, there is a good chance the suspension in trading is Teva related."
Be careful there.
That's not what I said at all.
What I said is that I have no idea what's happening at the moment in relation to the suspension of MSB stock.
But I posted that Allergan-related stuff as background information about what was happening in the world of Teva, one of MSB's critical strategic partners.
If a company in which I was an investor was financially dependent on the kindness of strangers (as I once read a wise old investor describe this sort of situation), I sure would be watching the financial position of any such "stranger"(s) on whom my company depended, like a hawk.
"Teva bought a company for $40,500,000,000USD..........that's...
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Last
$1.11 |
Change
0.055(5.24%) |
Mkt cap ! $1.261B | |||
| Open | High | Low | Value | Volume |
| $1.05 | $1.13 | $1.04 | $6.781M | 6.207M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 43856 | $1.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.11 | 66000 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| MSB (ASX) Chart |