A takeover off is more likely when the price has been suppressed (like it has been). The calm before the storm.
I wouldn't be surprised if a lowball offer comes in at around 55-60 as a starting point.
55 looks more attractive when we are sitting at 43 cents compared to when we were at 49 cents doesn't it ?
The manipulation of the price will continue until Gina is ready to make the offer. She knows exactly when it will happen and it will happen on her terms.
Ann: Macquarie Australia Conference, page-157
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Last
21.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $601.7M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.5¢ | 20.5¢ | $1.313M | 6.260M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 592504 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 748432 | 9 |
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