Can someone please shed some light on the way the company could be taken over or bought, and how that can affect the near term share price?
My understanding is that generally when an entity is looking to bid on a company, they will suppress the share price as much as possible to manipulate a lower VWAP. So if there is genuine accumulation and "capping" going on right now, how can the share price possibly go much higher than it already is? Or will it come down to a bidding war where whoever has the most money wins? For example if a company bid 2 billion for AVZ, then that would translate to a 2bil market cap?
Cheers!
- Forums
- ASX - By Stock
- AVZ
- Running Commentary on the SP Movements.
Running Commentary on the SP Movements., page-6353
-
- There are more pages in this discussion • 12,201 more messages in this thread...
This thread is closed.
You may not reply to this discussion at this time.
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated