Please elaborate auto.
I am to perplexed with the present goings on to reason accurately.
How will keeping the price low help the offer.(or not)
I pressume the offer will fail since the management dont seem to be interested in getting the price higher ..so back to my original q .. why do they persist ?
I noticed that a IPM director bought 55k on market a few days ago. Can our management also buy on market or is it not allowed. Perhaps they have to many free or cheap options ?
I have lost all confidence in this lot, the only reason I am buying is for the fact that this is as safe as I can find ... since...the price I am buying at is lower then current assets.
We have (probably) 70 mil in bank.
We own 5 mil ipm shares, we get between 1-2mil in interest per quarter, we sell about 1 mil in oil per week, we have further oil reserves, we own lots of overses exploration licences which must be worth something ?
So why can not our management do better than drive the price to 25.5c.
Do you think there is any chance whatsover of this t/o going ahead, and if so how ?
This thread has gone deathly silent so lets keep the disscusions going.
PS I had to put buy under sentiment since "no idea" was not an option. I must be one of the few that is buying , got some for .265 the other day and more for .26 today
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Last
21.0¢ |
Change
0.005(2.44%) |
Mkt cap ! $554.4M |
Open | High | Low | Value | Volume |
21.0¢ | 21.5¢ | 20.5¢ | $1.007M | 4.796M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 55729 | 21.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.5¢ | 596402 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 1221068 | 0.205 |
13 | 606307 | 0.200 |
4 | 429608 | 0.195 |
9 | 424363 | 0.190 |
2 | 316452 | 0.185 |
Price($) | Vol. | No. |
---|---|---|
0.215 | 596402 | 4 |
0.220 | 410000 | 5 |
0.225 | 747680 | 8 |
0.230 | 1083014 | 13 |
0.235 | 857418 | 19 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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