Not getting excites about a downfall - just voicing the obvious red flags now - and how holders can be so enthusiastic that reality is ignored.
In regards to the TO timing - it wasn't 12 months of negotiation. Basically, a very poor offer that was then recommended by the BOD. The company then launched a buying frenzy and finally had the 90% of shares and forcibly took over the company. Most people think that a TO will be brilliant - not so.
Sorry mate, there are no negotiations going on - you can be stubborn with that
I don't have any "opportunity costs" with BIT as I don't have funds invested here.
In any case, let's see what happens over the next three months - then can accuse of being right or wrong.
No More CR until FULL RESULTS are available and better, page-66
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Last
2.6¢ |
Change
-0.001(3.70%) |
Mkt cap ! $23.45M | |||
| Open | High | Low | Value | Volume |
| 2.8¢ | 2.8¢ | 2.6¢ | $8.096K | 297.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 121152 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.8¢ | 100000 | 1 |
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| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| BIT (ASX) Chart |