With such a low number of shares on issue and low trading volume, it would be difficult (time consuming) for any big players to take a decent position - say approx. 5-10%. So without a large take over, say 90% +, wouldn't we continue to trade at lower s/p figures? The main value then being in the div. on sale. For example, we climb $3 to $8 this year, next year there is an offer, we then see a $15++ position overnight. Thoughts?
$140 is massive. Halve that so the incoming party has something on the table, $70. Feels about right...
Ann: MOU Executed with POSCO Holdings, page-44
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Last
26.5¢ |
Change
0.020(8.16%) |
Mkt cap ! $18.91M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 26.5¢ | 24.5¢ | $2.235K | 9.123K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 2335 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| JLL (ASX) Chart |