The IPM shareholders are obviously chasing the $4+ aforementioned tooth fairy and have forgotten to buy at current (around) 80c price.
Now we own over 5 Million IPM shares, there are ONLY 57k on buy side for IPM from 80 -60 .... so, if say COE was to sell a measly 60k @ 60 cents there would be no buyers left and it would have closed at 60 cents tonight.
This may well have tempted me (and possibly a few others) to accept the 50c cash and 1.9 shares ... after all $1 is better than 60 cents any day.
Disclaimer .. as a holder of both this is a stress induced rant to calm my nerves.
The IPM shareholders are obviously chasing the $4+...
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Last
21.0¢ |
Change
0.005(2.44%) |
Mkt cap ! $554.4M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.5¢ | 20.5¢ | $1.007M | 4.796M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 55729 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 596402 | 4 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| COE (ASX) Chart |