What do you see as an outcome for tnr holders if red were to buy? Pure hypothetical, let's say we only make it for 4c and red decides to pull the trigger with an offer 10% over the mark, have we not then lost our potential upside on the investment? We never even make our previous high. Even if you hold red, I can't imagine their share price does much directly as a result of the acquisition. I'm not sure if I'm missing something here, but if we believe in the geology, the prospect of a party with a potential interest in acquiring us whilst we have such a tiny market cap is utterly terrifying.
Ann: Trading Halt, page-32
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.15M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $27.36K | 5.715M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 18300000 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 3535645 | 4 |
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| Last trade - 15.57pm 10/10/2024 (20 minute delay) ? |
| ASR (ASX) Chart |