The annual report is due out in under a month now. Given the new major shareholder and the current SP above that of the proposed take over I would expect an updated offer to be tabled around that time aswell as it is looking like R/S will not be able to gain the share percentage required for compulsory acquisition. This is due to larger holders (5%+) having paid 40c+ and a lot of small holders most likely still holding at a loss.
Looking for some opinions on what a new offer might look like and some general discussion about the forth comming take over
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Last
14.5¢ |
Change
-0.020(12.1%) |
Mkt cap ! $52.18M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 14.0¢ | $16.69K | 111.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 38344 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 100000 | 1 |
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| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| SIO (ASX) Chart |