I am not surprise if step 1. is already in play.
Any investment bank, JPMorgan, Macquarie e.g. can
step 1 depress the share price.
step 2 accumulate at low price.
step 3 offer the shares to whoever like to takeover, like Newcrest, or some hedge fund, and make a fat profit.
I am not surprise if step 1. is already in play.Any investment...
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Last
24.0¢ |
Change
-0.005(2.04%) |
Mkt cap ! $208.5M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 26.0¢ | 24.0¢ | $1.225M | 4.883M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 352414 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.5¢ | 219701 | 35 |
View Market Depth
| Last trade - 13.00pm 20/08/2024 (20 minute delay) ? |
| SBM (ASX) Chart |