Perhaps it's a low rate? I haven't seen any recent deals in the O&G space in single digits?
One thing to consider - is it Keybridge keeping it low? If they were selling it down to get a good deal then they would release the handbrake now - as it isn't in their best interest unless they are planning a takeover themselves. Yet the sell side is still stacked with those large parcels? They would also need to update the market on every 1% move...so either they're not updating the market or they aren't selling that much. If they aren't selling that much...who is? The options issue is feeling more and more like a defensive play. If KBC were a predator then it would be obvious to management and they could've struck a loan deal with a different third party. Something is happening, but sometimes it isn't the 'obvious'.
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Last
0.4¢ |
Change
-0.001(20.0%) |
Mkt cap ! $5.790M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $10.11K | 2.527M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 11541399 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 4483831 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 11541399 | 0.004 |
7 | 14261686 | 0.003 |
4 | 16775000 | 0.002 |
3 | 46300000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 4483831 | 5 |
0.006 | 5709772 | 9 |
0.007 | 2663797 | 4 |
0.008 | 1035051 | 2 |
0.009 | 80000 | 1 |
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