still no news on that mystery 60M buyer of UBS/LOAME sale for a capital loss.
Cmon BMM bid already and lets see the feathers fly!
If Twiggy thought that this rights raising would be the poison pill he needed to block the yanks then he aint seen nothing yet.
The longer the share price stays this low, the more likely BMM will make a new TO move IMHO.
They have to get it higher to block any new move.
By giving BMM a 19.9% holding they may have shot themselves in the foot.
BMM bid for 1.1B shares at 6c = A$66M but spent only $7M +26M thus far
Forrest was to spend $75M but only spent ~$20M
BMMs budgeted spend is under by $33M so far and twiggys is under by $50M.
They both have their warchest weapons of cash ready and waiting for the showdown.
BMM should move sooner rather than later when the SP may well be a lot higher.
anything is possible if twiggy is happy flipping "strategic asset" AGO for a pathetic $5M gain.
He sat on POS shares for 5 years at ~23c each & did nothing and allowed it to be diluted by 350% so why did he respond to BMMs move so fast in hours/days with so much cash?
He got a real surprise alright and it aint over yet.
Cmon BMM, launch the bid already before its too late.
Say 7.7c, see how you go!
- Forums
- ASX - By Stock
- POS
- TO possible but
TO possible but, page-53
-
- There are more pages in this discussion • 37 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
Add POS (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.81M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $3.474K | 884.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
121 | 96597061 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 51477989 | 56 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
111 | 93529221 | 0.003 |
38 | 66812489 | 0.002 |
16 | 35378697 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 50650142 | 48 |
0.005 | 28729993 | 19 |
0.006 | 7638997 | 9 |
0.007 | 1668099 | 8 |
0.008 | 1800000 | 1 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
POS (ASX) Chart |