This is the best thing management has done. Those who sold out today were counting on shang to make a take over offer, they were expecting Gaz to sell their whole stake in 1 day. Obviously Shang thought to get away with it, but gaz was always going to sell. My prediction is for Shang to come back in next 3 months with revised offer. Those institutions who brought the gaz stake can smeel an easy profit.
huge volumes, page-5
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Last
35.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $435.5M | |||
| Open | High | Low | Value | Volume |
| 35.5¢ | 36.0¢ | 35.5¢ | $7.438K | 20.82K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 593865 | 35.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 197958 | 19 |
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| Last trade - 12.37pm 31/07/2024 (20 minute delay) ? |
| MGX (ASX) Chart |