Regardless of what happens in the short term I am not selling at these prices.
I still think that these guys will get taken over. The older Hill brothers are in their 60’s and the younger is in his mid 50’s. There is a lot of cheap money around at the moment and many businesses looking for growth opportunities. The right buyer will easily pay A$500-600 mil for these global, growing and sought after brands. Just a matter of time I recon. And since the Hills jointly own 70% it could happen quite quickly.
That is $12 -15 a share.
Targets for 2021, page-8
Add GLB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.04 |
Change
0.000(0.00%) |
Mkt cap ! $126.0M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1 | $3.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.30 | 761 | 1 |
View Market Depth
| Last trade - 16.12pm 31/05/2024 (20 minute delay) ? |
| GLB (ASX) Chart |
Day chart unavailable