Absolutely right. 50-70 % of the shares are in strong hands. In front of the possible really huge potential of Mumbwa I do not believe that a lot of shareholders would be happy to sell at 4, 5, 6 A$ if they might get 10, 15, 20 in a few years. Everything depending from the next drilling results and JORC upgrade.
They (and me) have waited for so long. Makes no difference to wait another 2 or 3 or even 4 years to see the story unfold completely.
In every case. If somebody is interested in a take over then one thing is for sure: the longer he waits, the more expensive the take over.
Well...on the other hand if somebody would offer 10 + today then I would be happy to sell.
Let's see what happens next and hope for the best.
hole 35, page-29
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2.5¢ |
Change
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Mkt cap ! $174.7M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.5¢ | 2.5¢ | $136.9K | 5.479M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 2837843 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.6¢ | 3446000 | 9 |
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