Sometimes competitors buy up stock of a highly valued company to drive the price of a stock up so that another company can not buy and even if they do they will gain a whammy of a profit margin if the adversary company buys anyway at the higher stock price
And a hostile takeover can always happen..
Competitors to CAT, page-3
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Last
4.4¢ |
Change
-0.001(2.22%) |
Mkt cap ! $212.2M | |||
| Open | High | Low | Value | Volume |
| 4.5¢ | 4.5¢ | 4.3¢ | $154.6K | 3.494M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 201883 | 4.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.5¢ | 1107791 | 6 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| FBR (ASX) Chart |