we dont really want an early takeover.
It may cut it of at a 2 or 3 bagger from here rather than the Disallowed it could be. I heard a fund guy talking about this.
having a really great stock taken out early can be a massive disappointment.
Look at CDV being sold for $1.06 approx in march at the lows it was 25c and just prior and after was 40c.
so at best its a 4 bagger for that lucky buyer or a 2.5 bagger for the average buyer at that time.
Given time it could have been $3 and been an 8-12 bagger depending on your buy price. When would you want LCL taken out?
Value Proposition, page-81
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.648M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 110000 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 3453585 | 9 |
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| Last trade - 12.44pm 05/07/2024 (20 minute delay) ? |
| LCL (ASX) Chart |
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