While I shared a screenshot from the Fool, they seem to say that a lot to get eyeballs. The reason for posting it was to share the news that there are more eyes on the company which we all welcome and which hopefully will help the SP, which in turn can affect any M&A deals.
To be shortsighted, I would rather CU6 get bought out for $3Bn today than run for another 5 years and get to $3Bn market cap like TLX. As an investor I know that I can deploy that capital better or use to fund my life goals. Not everyone can build a company that will last decades or generate high rates of returns for investors. This is just my perspective.
Obviously we would hope and expectation better valuation than $3Bn given our portfolio of products, trial results, supply chain and other factors.
While I shared a screenshot from the Fool, they seem to say that...
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Last
$6.90 |
Change
-0.090(1.29%) |
Mkt cap ! $2.175B | |||
| Open | High | Low | Value | Volume |
| $7.10 | $7.21 | $6.88 | $5.982M | 856.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5436 | $6.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.92 | 675 | 1 |
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| Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
| CU6 (ASX) Chart |