Although THX is a cheap takeover target I do not think its in play here. They would need some pre shareholders sell support to make a friendly bid, and it would appear nothing is in the wind.
A hostile bid for say 51% is another matter as no one would know until they pounced.
The only thing I thought of yssterday was the sudden interest in THX at 15.5 cents late in the market, and then the RNI announcement.
Not likley buy lets wait and see.
thx/ rni link, page-2
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0.6¢ |
Change
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Mkt cap ! $42.84M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.6¢ | 0.5¢ | $154.1K | 26.62M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 4006600 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 25343180 | 18 |
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