Hi flotsam. Interesting take you propose about a takeover offer. One that I hadnt considered
I was one to think a CR was on the cards. But there has been no pull back in price that normally accompanies this theory.
I can only see a sustained rerate occurring at the moment with no real signs of slowing. I keep pondering where we may stop. I can only see a $2-3B MC at this stage of progress.
With a US roadshow presentation things are only ramping up. Especially with customers that truely value tech.
Any takeover offer might have to be anoffer of $3-5B or equal to $18-$30 per share? A significant premium i would say needs to be built in at this late stage of development.
Im just throwing my thoughts out there. Others with more experience may have differing views
Running discussion on SP, page-1598
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Last
$3.35 |
Change
-0.180(5.10%) |
Mkt cap ! $636.1M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 1 | 598 | $3.34 |
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|---|---|---|
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