In my opinion there is enough support at a takeover around $1.80 for it to happen. You would be delirious to think there will be enough small shareholders to hold out for the SP to go up and not accept the offer. At $1.70 I think it's a bit light but at $1.80 or above I think G**** will take it and a number of other larger SH will do the same. I have a reasonable holding in Tyro.
The board will probably say yes and that will be the catalyst to other investors accepting the offer.
I topped up today. it's a no brainer at the current price in my opinion.
In my opinion there is enough support at a takeover around $1.80...
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Last
93.0¢ |
Change
-0.025(2.62%) |
Mkt cap ! $487.3M | |||
| Open | High | Low | Value | Volume |
| 96.0¢ | 96.0¢ | 92.0¢ | $960.5K | 1.027M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14210 | 92.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 93.0¢ | 11297 | 2 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| TYR (ASX) Chart |