"It would also explain the low price and high volume spikes without reaching higher price levels.
A T/O situation would necessitate a party to accumulate aggressively shares on market to guarantee dominance in the upcoming votes."
________________________________
Surges - I don't see a T/O coming anytime soon...friendly or hostile. I can see where some come from re the theory of Monash holding out, hence the sp drops and Monash swoop.
But really - that cant happen for several reasons. The reason the sp is where it is BECAUSE Monash have constantly reneged on ASX ann promises - complete with quotes by Neil stating the state of play.
Can you imagine some of the well heeled top holders going for a Monash low ball T/O offer such as 2c...especially in view of the above ASX ann paper trail ?
Nope. IMO Neil has integrity and has had to fall in line with the ALDP scenario. And also the fact that the ALDP submission is done (also WHY the April Mike/Ash role change...suggests plant funding done - nice) - how would the govt view a hostile T/O scenario in the midst of the ALDP...nahhh no one would contemplate a T/O from any angle till demo built imo.
Another theory is Monash will continue to delay until the June ALDP decision. That makes sense from the view that Monash have delayed a year - so why not a few months more...after all WHY fork out $6m for CSI purposes and then find the Govt give ECT zip...hence the $6m is largely wasted.
You could say the ASX ann Monash Mar-May tranches/April GM are just further delaying tactics to get us to June decision. All fair points.
BUT
Fact - Monash have had many opportunities to exit negs. They have not. Fact - Coldry is a front runner for ALDP funding. I reckon ECT have enough w/cap $$ to see us through to July. DFT done/paid to a high degree.
Come ALDP June offer time - I reckon Coldry will get a significant offer and every man and his dog will be lining up to back the demo.
I doubt Monash will wait to see that scenario. I see Monash doing the 600m esi/esio combo to gain ~20% control before June decision.
The ALDP complicated things we all agree....but imo IF you believe in ECT management (hows the proposed April Mike/Ash role change) Coldry tech/Arup/MacDow... the ALDP submission stacks up very very well. Plenty of critics said ECT would not EOI let alone RFP.
I also believe the ALDP tender process will be handled in a transparent fashion. Nice.
That GM ann cant be far away.
__________________________________________
On another point - great to see the OLD HC website back....for now anyway.
ESI thread is one of the most watched threads HC have...HC NEED prosperous threads like ESI (advertisers want reads/clicks)...and come Monash $$$ -> ALDP I expect it to be on the top readers lists for a long time to come.
Don't know about you, but I was utterly shocked at the NEW format and decided I would spend less time here because it all became TOO HARD. Im mid 40's but I know older folks with larger $$ invested wont bother with HC so much IF they persist with the NEW format.
As plenty have said - the present ONE page format where you can quickly grasp what you need is great...just update the NEW website incorporating the present OLD ONE page format.
Anyway - since the ESI thread has such prominence - thumb this post up to send another message to HC staff.
tick tock...
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.343M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $1 | 426 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
57 | 30865112 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 11413389 | 23 |
View Market Depth
No. | Vol. | Price($) |
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57 | 30865112 | 0.002 |
29 | 40986532 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 11408389 | 22 |
0.004 | 5736852 | 8 |
0.005 | 3716859 | 24 |
0.006 | 5155234 | 9 |
0.007 | 918333 | 2 |
Last trade - 10.02am 13/09/2024 (20 minute delay) ? |
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