Let me play devil's advocate for a moment on this thread.
We can all agree that fundamentals must be good in takeovers.
Are ARQ’s fundamentals that good? If they are, why isn't the SP reflecting it?
If a takeover predator drilled down on the current fundamentals, would they really buy ARQ at the current sp (and up to what $ per share).
Which is not to say that there are currently not a number of Australian investment banks doing the rounds trying to drum up business (and in the process earn huge fees etc) re: a takeover of ARQ.
Note: I try to not buy a share with poor fundamentals betting that someone will take me out with a high bid, because I am going to be wrong far more often than I will be right. I also try not to speculate on underperforming companies betting that they will get bids. I have learnt that nobody wants them, least of all other companies.
Can someone please provide me with the current (or future) fundamentals on ARQ that would make a takeover predator take out ARQ (hope not being a fundamental)?
Remember, I am playing DA here, so be gentle with me (no rough foreplay)!!!
Cheers
- Forums
- ASX - By Stock
- shareholders breathing through a straw
Let me play devil's advocate for a moment on this thread.We can...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add 5GN (ASX) to my watchlist
(20min delay)
|
|||||
Last
14.8¢ |
Change
0.003(1.72%) |
Mkt cap ! $45.03M |
Open | High | Low | Value | Volume |
14.5¢ | 14.8¢ | 14.5¢ | $3.275K | 22.57K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 1444047 | 14.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.0¢ | 1759358 | 31 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 1444047 | 0.145 |
12 | 3724699 | 0.140 |
10 | 654132 | 0.135 |
2 | 507699 | 0.130 |
1 | 250000 | 0.125 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 1759358 | 31 |
0.155 | 1921389 | 16 |
0.160 | 351210 | 7 |
0.165 | 198402 | 5 |
0.170 | 25000 | 1 |
Last trade - 15.39pm 14/10/2024 (20 minute delay) ? |
Featured News
5GN (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, Managing Director & CEO
Charles Armstrong
Managing Director & CEO
SPONSORED BY The Market Online