It’s now a tricky situation to be in.
As mentioned above a new partner is likely to see PXX as the dumped girlfriend.
- what did Lundin not like?
- why would they spend big bucks and only get visibility of a few cores?
- when did they officially pass on 2020?
A new partner is likely to negotiate better terms.
- does PXX offer more than what Lundin’s currently hold?
- unlikely they can ask the new suitor to pay 8c as Lundin did
- would Lundin do a block sale of their holding?
I hope Management are thinking of contingencies for all scenario’s.
- would Lundin sell on market?
- is a TO their grand plan?
- will a new suitor be happy with Lundin still on the register?
Unfortunately retail are not the ones able to control the share price.
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Last
1.0¢ |
Change
0.001(11.1%) |
Mkt cap ! $23.50M |
Open | High | Low | Value | Volume |
0.9¢ | 1.0¢ | 0.9¢ | $27.14K | 2.959M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1000656 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 2955475 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1000656 | 0.009 |
6 | 353126 | 0.008 |
2 | 570000 | 0.007 |
1 | 75000 | 0.006 |
1 | 100000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 2955475 | 1 |
0.011 | 526977 | 3 |
0.012 | 2095212 | 3 |
0.013 | 3194803 | 7 |
0.014 | 831018 | 4 |
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