Jeff Chisholm from POE has publically said (on BNN) that they are/will be a T/O target and for the right deal they will recommend it to S/H. Besides oil and the one joint venture POE are a vastly different kettle of fish.
Although hypothetical you have a far greater chance of CVN taking over another company to gain ground than you have of anyone T/O them.
poe article on possible takover bid, page-4
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Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $277.3M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 15.5¢ | $120.3K | 766.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 519078 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 231114 | 5 |
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| CVN (ASX) Chart |