I don't think it was me - but I get the sneaky suspicion that a bid of $4.50-$4.90 will be on offer. This will then give an opportunist (FMG) to come in at ~ $5.00.
I can't see any lesser offer being accepted by the shareholders knowing that the first panamax(or Cape?) is being loaded in the next week or so.
My guess is that FMG is sitting around the board table as we speak trying to establish a go to plan.
The lights are still on the building but is anyone home?......
stress or champagne, page-3
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Last
25.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $721.1M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 25.0¢ | 24.5¢ | $16.82K | 67.79K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 82836 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 263607 | 3 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| BCI (ASX) Chart |