Someone wants a lot of POS shares. Looking at the top 20 it is hard to imagine it would be anyone else but BMM. Either them or someone totally from left field. My mind wanders towards OZL, maybe they're interested? There are not a lot of companies here that would have the ability to bite off a $400mil market cap company from the ASX. I'm using $400mil as a possible acquisition cost - could be higher or lower. Looks like the last couple days are programmed to get as much as possible around 8¢. They are doing well. Scoop up what they can cheap and eventually declare a takeover with a 15¢ offer - whoever they are.
Takeover, page-2
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Last
0.5¢ |
Change
-0.001(16.7%) |
Mkt cap ! $18.56M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.6¢ | 0.5¢ | $72.21K | 14.43M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 45 | 20637007 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 35270472 | 31 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| POS (ASX) Chart |