So to change the subject but stay on deals - looking at a possible takeover attempt that may be hostile - that could be shot down by shareholders especially where the terms or value are unattractive. The IMU board will need to recommend if the offer is in the best interests of the shareholders. This is where the strategy that IMU may want to adopt to advance the treatments will be part of their takeover defence. That’s also where the shareholders with the substantial holder being the Mann family can defeat it, if the plan by IMU shows greater promise and potential than the money on the table from an offeror. Have seen it in another company in 2008 and the company stayed alive and was not taken over.
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4.8¢ |
Change
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Mkt cap ! $356.9M |
Open | High | Low | Value | Volume |
4.9¢ | 4.9¢ | 4.8¢ | $328.5K | 6.792M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
45 | 5443565 | 4.8¢ |
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Price($) | Vol. | No. |
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36 | 4066646 | 0.047 |
46 | 3070983 | 0.046 |
60 | 6170008 | 0.045 |
11 | 1951364 | 0.044 |
Price($) | Vol. | No. |
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0.049 | 1200533 | 2 |
0.050 | 4130537 | 15 |
0.051 | 6179811 | 13 |
0.052 | 2579418 | 10 |
0.053 | 1158504 | 8 |
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