Well, I suspect that if they can't get control by cajoling and manipulation, they might actually make a bid.
Why not? ...Exhaust the cheap route first by giving the tree a vigourous shake, then have a ding-dong go if that fails. Even a fairly modest bid at, say, 40-50c might get 'em there from current levels, though it might also flush out other interested parties. (Not that they'd be unhappy with that outcome either.)
I certainly wouldn't worry about them spitting the dummy - a) because they plainly like and know the value of what's here, and aren't likely to step away too easily; and b) even if they were of that mind, interest is snowballing (as more and more boxes are ticked by the present Board) to the point where now I believe their shares would be fairly readily hoovered-up by the market.
Bin the Green form, people:
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And vote for current management with the white form.
I certainly will be:
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Last
6.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $109.7M |
Open | High | Low | Value | Volume |
6.7¢ | 6.8¢ | 6.6¢ | $93.63K | 1.396M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 45331 | 6.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.8¢ | 338756 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8018 | 0.067 |
5 | 825262 | 0.066 |
9 | 802817 | 0.065 |
2 | 104687 | 0.064 |
3 | 100000 | 0.063 |
Price($) | Vol. | No. |
---|---|---|
0.068 | 338756 | 3 |
0.069 | 282806 | 3 |
0.070 | 173321 | 6 |
0.071 | 250000 | 2 |
0.072 | 1018425 | 2 |
Last trade - 15.51pm 18/07/2025 (20 minute delay) ? |
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PTN (ASX) Chart |