If bidding did start it would be competitive as they are trading on a PE of 12 based on last year's profit with this year's profit numbers expexted to be up at least 50% if not a lot more. The last time a similar stock was bid for, Australian Oil and Gas (AOG) the bidding started at $1.70 and ended up at about $2.55. AOG was on a PE of 6 when bidding began!!
takeover talk, page-2
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Last
87.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $96.11M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 82787 | 87.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 90.5¢ | 4084 | 1 |
View Market Depth
| Last trade - 16.12pm 11/07/2024 (20 minute delay) ? |
| PCG (ASX) Chart |
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