"At this stage no formal offers have been received and it is uncertain as to whether these negotiations will result in a transaction"
Did anyone else notice that this is somewhat less positive then previous announcements?
Maybe I am overthinking it but some hypotheses / ideas:
1/ A transaction is actually very very close and this is a defensive reaction to offset any "leak" accusation ?? i.e. the reason the SP has shot up is actually because the market already "knows" things are v close? or
2/ MF et al are pissed off with RC and cant stand to see the SP rise potentially being associated with his possible return - they are trying to fight the "momentum" building behind RC's campaign and fear that teh mroe the SP rises now the greater his chances of success?
3/ Things are not progressing that well and they are now fearful that the will not deliver a deal and are t5rying to reset expectations?
Anyway...just some thoughts...possibly all rubbish but throw them out there anyway
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Last
24.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $71.57M |
Open | High | Low | Value | Volume |
24.5¢ | 26.0¢ | 23.5¢ | $71.09K | 290.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3269 | 24.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
26.0¢ | 145820 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3269 | 0.245 |
1 | 1205 | 0.240 |
1 | 48972 | 0.235 |
3 | 17501 | 0.230 |
1 | 4545 | 0.220 |
Price($) | Vol. | No. |
---|---|---|
0.260 | 145820 | 2 |
0.285 | 12524 | 1 |
0.295 | 3390 | 1 |
0.300 | 32437 | 1 |
0.310 | 45789 | 1 |
Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
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NXS (ASX) Chart |