What would POS SP be if a suitor has to buy 1,400M shares on market at 70M daily over 30 days?
SP went a 1 bagger on 400M share turnover last year & only 50% since 1 july most of that about 800M on trading churn as no 5% notice came out of 140M shares.
if a t/o is made it would have to start around 16c & then go higher to 29c & take all of BMMs holdings to have any chance imho.
Volume, page-35
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Last
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Change
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Mkt cap ! $18.56M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.5¢ | $179.8K | 35.88M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 37910313 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 6219201 | 7 |
View Market Depth
| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 0.6¢ | 0.6¢ | 0.4¢ | 14516143 | ||
| Last updated 15.55pm 15/05/2024 ? | |||||
| POS (ASX) Chart |