That 3rd point is talking about a failure to but out small fast moving innovative brands. It is way too late to take out A2M as they would need to commit 10% of their entire MC to do that.
They would be a major commitment and high risk decision for a conservative BOD and management. I personally can't see it happening unless there is a major hiccup in our SP.
My gut feel is we have grown too big to be easily swallowed by all but a few MNC's especially at these multiples and higher for a TO. We're talking about a TO at forward PE of 50 to be at a 30% premium to SP. There won't be a whole lot of synergies to be saved either as A2M has a very efficient capital model and really very few staff for its MC.
Chart Update, page-4814
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Last
$4.81 |
Change
-0.050(1.03%) |
Mkt cap ! $3.808B | |||
| Open | High | Low | Value | Volume |
| $4.88 | $4.88 | $4.81 | $9.469M | 1.962M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 37717 | $4.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.83 | 10210 | 3 |
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| Last trade - 16.10pm 21/11/2024 (20 minute delay) ? |
| A2M (ASX) Chart |
