Kosy, I totally agree with you, however you can see why Nestle would be keen to accumulate a stake at this price level and potentially make a tilt at A2M. It would be a share if A2M got swallowed up by a cumbersome giant as it has too much potential by itself.
On the positive side, if ALU is anything to go by, a takeover attempt may elevate the share price even if the takeover does not go ahead.
As a long term shareholder there is NO WAY I would be voting for a takeover even at 100% premium to the current price.
Takeover Speculation, page-109
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Last
$4.91 |
Change
-0.010(0.20%) |
Mkt cap ! $3.554B | |||
| Open | High | Low | Value | Volume |
| $4.93 | $4.96 | $4.89 | $5.556M | 1.127M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 63209 | $4.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.92 | 20435 | 4 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| A2M (ASX) Chart |