Its too strategic with the satellites and Govt work for SGT to launch a takeover, if Shell couldnt get WPL what chance will SGT have of getting TLS.
They wouldnt want it all anyway but not until it settles itself around 8 billion dollars capitalisation or $1.20 a share and totally friendless in the market.
The panic will see significant gaps in the charts over the next two years as it heads way down to around $2.50 then just lingers away to nowhere.
Once this ship hits the Ice (which is unavoidable) it will start to sink steadily. The price cannot rebound as this would defy physics, a sinking ship only goes Down......
last day - f/y2005, page-8
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Last
$3.86 |
Change
-0.050(1.28%) |
Mkt cap ! $44.60B | |||
| Open | High | Low | Value | Volume |
| $3.93 | $3.93 | $3.86 | $88.99M | 22.93M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 38 | 197301 | $3.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.87 | 45879 | 5 |
View Market Depth
| Last trade - 16.10pm 21/10/2024 (20 minute delay) ? |
| TLS (ASX) Chart |