If there was a takeover it would not be that high
We have had a lot of time in the 15-18 cents range so say Vwap in there somewhere and add maybe 30%...
Not enough??? for me.Company is worth a lot more but don't bet on getting it as someone may be after a bargain.Reason why not to panic when some big holders unload sometimes as there is often an underlying motive..........
People that took up the 25cents placement may also want to get it back there before the AGM so to unload before MPO consolidates could be another reason.
Just bear that on mind.......
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