After the fall from $23 if the sharks lobbed bids for wa1 and Enr, they would likely get it.
wa1 has tali owners , datt and regal as the 3 large non management shareholders. They are not exactly big players in the mining industry like Gina and Ellison.
the institutions that participated in the $60 million capital raising at $17 are not strong holders and would likely sell out for over 50% profit.
it seems like the opportune time to lob the takeover bid.
General discussion, page-10497
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Last
$13.46 |
Change
-0.040(0.30%) |
Mkt cap ! $872.4M | |||
| Open | High | Low | Value | Volume |
| $13.51 | $13.74 | $13.29 | $1.200M | 88.91K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 175 | $13.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.47 | 535 | 4 |
View Market Depth
| Last trade - 14.17pm 15/08/2024 (20 minute delay) ? |
| WA1 (ASX) Chart |