Most of us, including any suitable buyer of the asset, would believe it to be inconceivable for the MR not to be granted. Therefore it has been my gut feeling, that there would be a TO, which for me explains the extremely undervalued SP. But as the MR/DR draws closer and closer I am beginning to think that a TO is becoming less of a possibility. Why pay 50cents after the MR/DR when you could make an offer of 24cents, representing approximately 200% above the average 3mth SP.
Howie
Ann: Revised Securities Trading Policy, page-66
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1.5¢ |
Change
-0.001(6.25%) |
Mkt cap ! $40.66M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.5¢ | $31.62K | 1.976M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1654170 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 2536158 | 9 |
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