So I called the CRE event , albeit stating a JV was about to happen as opposed to a takeover but my educated hunch was pretty good...now once again says IMHO that a aggressive bid is coming our way. The pattern of recent sells over the last 2 or 3 months and suppression of the price has been very obvious, even the gradual clean up of CRE shares is probably a factor. What next? I think IMHO we will see a sudden and massive ramp up in buying in the couple of weeks or will see a bid made. Yesterdays price drop was a little capitulation forced by constant drip drip of price capping selling. So IMHO we will probably have a 100 million share volume day by Jan 15 or an approach. Dyor and air your thoughts on my post? Anyone agree ?
bid event imminent ?
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Last
12.5¢ |
Change
-0.010(7.41%) |
Mkt cap ! $38.68M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 12.5¢ | $7.143K | 57.14K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 165050 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 90000 | 1 |
View Market Depth
| Last trade - 10.26am 30/07/2024 (20 minute delay) ? |
| FML (ASX) Chart |