Just a thought. Does anybody think a takeover may be around the corner?
Think about it. Someone has been accumulating for some time at $1.10 and under. Ok, someone has also being selling but the daily trading patterns look suspiciously like a patient buyer with deep pockets.
Sooner or later they`ll show their hand and could quickly announce a takeover bid at say, $1.50 and state that it is a price XX% above the VWAP over the last 30 days....
As i said, it`s just a thought.
being mercilessly screwed down, page-9
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Last
$2.11 |
Change
0.060(2.93%) |
Mkt cap ! $376.8M | |||
| Open | High | Low | Value | Volume |
| $2.13 | $2.16 | $2.08 | $769.3K | 362.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 14145 | $2.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.16 | 12813 | 4 |
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| Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
| BMN (ASX) Chart |