They can extend the offer, maybe they expect the LML SP to continue dropping and their price to get back up to 70c.
The offer has only been rejected by the board, which it always was going to be, they have recommended shareholders reject, but cannot make that call on their behalf.
Ann: QGL: Takeover - extension of offer period, page-12
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.30M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $917 | 166.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 18909710 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 5385145 | 5 |
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| Last trade - 10.17am 26/07/2024 (20 minute delay) ? |
| LML (ASX) Chart |