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
-0.015(5.88%) |
Mkt cap ! $196.4M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 25.0¢ | 23.5¢ | $1.052M | 4.312M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 186002 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.5¢ | 62700 | 3 |
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| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| SBM (ASX) Chart |