12c BAH HUMBUG
a bid would have to be at 15.5c now & still wouldnt win
at 24c-29c MST NPV it may get past 51% unless BMM AF respond & counterbid.
Ive been saying for 9 months that MD is accumulating.
MD will be revealed soon looks like.
PH implied at the AGM he was getting rid of the short sighted legacy holders & bringing in fresh blood, we now know this is Padley, Morgans, MD TP CS Nomura.
To t/o they will need to get both BMM & AF to sell to them, looks like AF already has done 4% in december to february.
they will need 1.6B shares to buy to take a 51% stake, maybe have 250M already, still not enough to t/o POS. This would explain the massive capping & accumulation the last 12 months
I have outlined before, only the following can or have the reason & cash to do this-
AF,FMG BMM BHP Glencore FQM IGO Gina POSCO,LG
which one?
their brokers must be Nomura CS TP MST
BHP & AF would make sense.
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $22.28M |
Open | High | Low | Value | Volume |
0.6¢ | 0.6¢ | 0.6¢ | $1.03K | 171.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
71 | 50754683 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.7¢ | 20860728 | 47 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
68 | 50339683 | 0.006 |
39 | 32085725 | 0.005 |
16 | 13825610 | 0.004 |
10 | 24141666 | 0.003 |
5 | 5140000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 20821332 | 47 |
0.008 | 15756641 | 26 |
0.009 | 8226340 | 16 |
0.010 | 17441906 | 11 |
0.011 | 1543444 | 4 |
Last trade - 13.34pm 01/05/2024 (20 minute delay) ? |
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Last
0.6¢ |
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Change
0.000 ( 7.69 %) |
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Open | High | Low | Volume | ||
0.6¢ | 0.6¢ | 0.6¢ | 2490796 | ||
Last updated 15.55pm 01/05/2024 ? |
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