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
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Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $52.18M |
Open | High | Low | Value | Volume |
15.5¢ | 15.5¢ | 15.0¢ | $35.07K | 229.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 265695 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 152293 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 65695 | 0.150 |
5 | 35530 | 0.145 |
4 | 178425 | 0.140 |
4 | 64814 | 0.135 |
1 | 24000 | 0.125 |
Price($) | Vol. | No. |
---|---|---|
0.155 | 152293 | 6 |
0.160 | 522085 | 17 |
0.165 | 539640 | 13 |
0.170 | 217946 | 6 |
0.175 | 114258 | 5 |
Last trade - 15.38pm 26/06/2024 (20 minute delay) ? |
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