No.
There is an agenda at play - and that is GG wants all the pie.
Especially the easiest to grab - retail holders.
I'd suggest it is a hostile takeover.
It's loud and aggressive.
I saw todays play in another stock - aggressive buying to pump it up ($1.20 today), stop, and slowly sink the price, which is happening right now (currently 3c down on the day from 11c UP!)
There will be another aggressive buy / pump and when that happens, a few more retail will happily take the new high that is set during that.
Creating uncertainty makes a hostile takeover easier.
If SI and other top 20 holders are against a takeover, they need to make it known as GG is setting the rules of the game right now.
No.There is an agenda at play - and that is GG wants all the...
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Last
$1.18 |
Change
-0.005(0.42%) |
Mkt cap ! $1.341B | |||
| Open | High | Low | Value | Volume |
| $1.18 | $1.20 | $1.14 | $10.44M | 8.934M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 45750 | $1.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.18 | 1476 | 1 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$1.18 |
Change
-0.005 ( 0.31 %) |
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| Open | High | Low | Volume | ||
| $1.18 | $1.20 | $1.14 | 1465927 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| MSB (ASX) Chart |