Unless this company is run by a bunch of dunderheads, any bid pitched at 15c-18c would be rejected by the board, and almost certainly wouldn't suceed. All that a low pitch bid would do is flush out other bidders, as it's pretty clear that their quality anthracite resource is a highly coverted prize.
27cents per share based on minimum valuation, page-12
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Last
1.5¢ |
Change
-0.001(6.25%) |
Mkt cap ! $67.10M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.5¢ | $20.37K | 1.344M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 89 | 16986141 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 8485709 | 15 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| AZL (ASX) Chart |