Imagine adding another billion shares to the register by raising $90m at 9c a share (assuming that would be the price the sophisticated investor gets)?
hoping the share price climbs before we get to that point.
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Blake I think the question should be
Who is going to buy a heap of ADN on market?
I see one or two of the following mega companies buying on market for a strategic stake -
Is it BASF, Imerys, KaMin LLC, Sibelco or one of the largest concrete companies in the world?
Or is it the shorters buying back their 67 million shorts?
It would be a very smart move for any of these mega companies to pick up 5% on market and become a sub holder. Would be a great investment, and force the shorters to buy back. They would make multiple returns on their investment as well as perhaps get a seat on the board. - There are more pages in this discussion • 156 more messages in this thread...
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.14M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.8¢ | $31.30K | 3.922M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
74 | 32886173 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 12221494 | 21 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
74 | 32886173 | 0.007 |
55 | 20141323 | 0.006 |
25 | 15870122 | 0.005 |
7 | 8025000 | 0.004 |
6 | 18933334 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 12221494 | 21 |
0.009 | 14753752 | 12 |
0.010 | 6582677 | 8 |
0.011 | 14396522 | 8 |
0.012 | 13445921 | 6 |
Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
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ADN (ASX) Chart |