Mav,
You may be right on the takeover bid. But if they were to do so, I think you would see a price that would be considerably less than the current share price. We don't know exactly what they paid for their 10.5% position, but we do know there were not willing to participate in the recent fundraising at .10cents. I assume because they thought .10 cents was more than the shares are worth. I would expect a bid from Shenge to be well below .10 cents. And you are correct when you say the head of Shenge is, and has been acting as though he already owns it. And the fact is, we have no idea what the MOU says as to what rights GGG gave Shenge. As You know GGG still refuses to release the MOU, which is an obvious violation of ASX disclosure rules as to material information.
I'm looking at breaking some of the company's hidden information loose
Ciao
- Forums
- ASX - By Stock
- ETM
- News from Shenge
News from Shenge, page-13
-
- There are more pages in this discussion • 111 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
Add ETM (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $32.40M |
Open | High | Low | Value | Volume |
2.3¢ | 2.4¢ | 2.3¢ | $3.929K | 169.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 128182 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 856233 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 128182 | 0.022 |
4 | 1150989 | 0.021 |
7 | 2889031 | 0.020 |
1 | 150000 | 0.019 |
2 | 1055610 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 856233 | 2 |
0.025 | 1701695 | 4 |
0.026 | 1456623 | 1 |
0.027 | 1376465 | 3 |
0.028 | 2708 | 1 |
Last trade - 15.58pm 08/11/2024 (20 minute delay) ? |
Featured News
ETM (ASX) Chart |
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online