re: selling depth..or when is the takeunder Correct Sushi. We may be protected a bit from a low ball share offer now though as Sugarloaf testing, 3 Yemen wells, 3 or so Perth Basin wells are all happening over the coming weeks. There would be outrage amongst shareholders who would suddenly discover hidden value and claim the bid was opportunistic and the share price would hit $1.90 overnight IMO. Even at that level it would only be fair value without a premium for the fantastic prospects they have put together for a song.
re: selling depth..or when is the takeunder, page-7
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Last
15.5¢ |
Change
0.005(3.33%) |
Mkt cap ! $48.52M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.5¢ | 15.0¢ | $28.29K | 188.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 6878658 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 1783220 | 24 |
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| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| 5GN (ASX) Chart |