I second this possibility. Capital raising, the 75mil shares disappeared back in Nov, trading vol and price shot off the roof. Management provides frequent updates on how well the biz is to add more fuel to all these.
Can anyone dare guessing what a reasonable share price would be for a successful takeover?
As I mentioned before, dont bother guessing how far the a2m sp will go - if you have any position in the stock, let the profits run!
Takeover, page-2
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Last
$6.66 |
Change
-0.110(1.62%) |
Mkt cap ! $4.814B | |||
| Open | High | Low | Value | Volume |
| $6.70 | $6.70 | $6.62 | $6.694M | 1.005M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 4715 | $6.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.66 | 1719 | 1 |
View Market Depth
| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |