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:
And vote for current management with the white form.
I certainly will be:
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Last
6.6¢ |
Change
-0.001(1.49%) |
Mkt cap ! $108.0M |
Open | High | Low | Value | Volume |
6.7¢ | 6.8¢ | 6.5¢ | $20.24K | 303.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 69666 | 6.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.8¢ | 126420 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 69666 | 0.066 |
11 | 755481 | 0.065 |
2 | 17200 | 0.064 |
2 | 50000 | 0.063 |
4 | 224263 | 0.062 |
Price($) | Vol. | No. |
---|---|---|
0.068 | 126420 | 1 |
0.070 | 814108 | 2 |
0.072 | 483314 | 2 |
0.073 | 505717 | 2 |
0.074 | 388190 | 3 |
Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
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