the economics & politics surrounding a $30mill stake in a company such as BMN is significant, and the potential for someone to "hold it back" is very real.
Sorry to have misinterpreted that point to you ... but I certainly consider it a reality. The difference between getting the shares at $1 if they can keep the price down, as opposed to $1.50 if the market took it away a couple of weeks back, is not peanuts .... many millions of $$ involved.
"Cornerstone stake in a company", or not, they will want to get it at a cheaper price
cheers
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Last
$3.25 |
Change
0.050(1.56%) |
Mkt cap ! $580.4M |
Open | High | Low | Value | Volume |
$3.22 | $3.29 | $3.15 | $1.446M | 446.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 620 | $3.24 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.29 | 9089 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 620 | 3.240 |
2 | 599 | 3.230 |
2 | 5726 | 3.150 |
1 | 3000 | 3.140 |
2 | 5500 | 3.120 |
Price($) | Vol. | No. |
---|---|---|
3.290 | 9089 | 3 |
3.300 | 2819 | 3 |
3.320 | 500 | 1 |
3.340 | 25500 | 2 |
3.350 | 4000 | 1 |
Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
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