AWE just got a TO offer from an overseas fund, 27% premium to their SP, but was rejected outright.
Nothing to do with FAR, BUT, it does show that yes in this low SP era, people are looking for bargains. If AWE is on the cross hairs, then most definitely FAR will be. 27% premium would be ridiculous, but, the first offer is never the last.
Let's see how that is going to play out.
FWIW, very heavy buying of CNE last night. (I lost the link unfortunately).
KKW
TO activities starting?
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Last
43.5¢ |
Change
-0.005(1.14%) |
Mkt cap ! $40.19M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 44.0¢ | 43.5¢ | $16.57K | 38K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 173730 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 80574 | 3 |
View Market Depth
| Last trade - 10.03am 02/05/2024 (20 minute delay) ? |
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Last
43.5¢ |
Change
-0.005 ( 1.14 %) |
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| Open | High | Low | Volume | ||
| 43.5¢ | 44.0¢ | 43.5¢ | 96350 | ||
| Last updated 14.16pm 02/05/2024 ? | |||||
| FAR (ASX) Chart |