I was in a similar situation before when i was invested in crown resorts. The rumour of takeover sparked a huge surge. Hopefully with web, will keep shorters guessing and close out their positions out of uncertainty of when and what deal may emerge.
but based on the article saying that goldman sachs is looking for other suitors who have 2 billion plus, that will value web at minimum just under 15 dollars. I reckon we still have long ways to go up yet
I was in a similar situation before when i was invested in crown...
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Last
$8.67 |
Change
0.080(0.93%) |
Mkt cap ! $3.391B | |||
| Open | High | Low | Value | Volume |
| $8.67 | $8.71 | $8.63 | $10.05M | 1.159M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3525 | $8.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.67 | 6545 | 3 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| WEB (ASX) Chart |