Issue is with such a low MC at the current price share based payment will be giving away a larger proportion of the company than if the price was higher, as well as having the current debt.
Personally I would like to see at least 6 months of positive cash flow and some debt wiped before borrowing again.
Unsure how they could acquire a company efficiently at the current time.
Apple are releasing the new iPhone shortly which historically boosts their SP and may be some attention back to tech, I am aware I'm clutching at straws here.
Goodluck
Potential Takeover Target, page-2
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add VN8 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.66M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 8332244 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 3519470 | 14 |
View Market Depth
| Last trade - 09.47am 02/07/2024 (20 minute delay) ? |
| VN8 (ASX) Chart |
Day chart unavailable