SP back to exactly where it was 12-months ago. Hopefully some will win the test of patience and not fold their hand.
It does feel bit like CMM a while back, plodding along and then they went into production, the SP started picking up.
Sometimes they also do hold it down a certain range before a takeover (eg ESS at 40c). 30-Day VWAP $2.95, typical takeover premium at 30%, this is worth at least $3.84? Change of control means oppies vest, big payday.
Ann: Develop Awarded Mt Marion Contract, page-132
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$2.58 |
Change
-0.040(1.53%) |
Mkt cap ! $699.8M | |||
| Open | High | Low | Value | Volume |
| $2.59 | $2.61 | $2.52 | $947.1K | 369.0K |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8089 | $2.55 |
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| Price($) | Vol. | No. |
|---|---|---|
| $2.60 | 4552 | 2 |
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