Nova Eye Medical (EYE) Discussion, page-471

Would love to get some more shares sub-20c as well, my main concern is that at these prices we are a major target for a cheap takeover bid (lots of M&A activity in the space at the moment) and we could potentially risk getting taken over at a price that is well below fair value. I'm sure there are plenty of frustrated holders who may give in to an offer as low as 50c, which would be an absolute bargain for a bidder, while depriving holders of ever realising the huge potential of both iTrack Advance and 2RT

Definitely a bit of short term softness though, caused by a lovely mix of EOFY selling, cap raise sellers and a stupid debt ceiling "crisis" which will be resolved like every single one before it