Just wondering what will happen come COB in London on 3rd May?
There have been no announcements regarding confirmation or otherwise that any of the pre-conditions in CGNPC's offer have been met.
If pre-conditions are not met, then presumably the offer lapses and/or CGNPC is not required to proceed?
Can someone provide a synopsis of likely procedings from here?
Given the SP has tanked again today (all be it on thin volume), it seems the market does not beleive the offer will proceed?
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.72M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 1.0¢ | 0.9¢ | $47.68K | 5.278M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 400000 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 6370837 | 8 |
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| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| EXT (ASX) Chart |