Yes Wolfie, you are right on the money with Begley Snr. He has about 21m shares and I am sure would seriously consider an offer of $1.50 or more. Looks like a pretty large seller is out. This is often caused by the insto's portfolio rules which dictate that they have to exit once a market cap drops below a set amount. I am only speculating but its likely the case.
Oil sneaking up and $A sneaking down is all good news. We just need a good first half and a nice cash reserve and $1 would be quite likely.
A silver lining, page-4
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Last
36.0¢ |
Change
0.005(1.41%) |
Mkt cap ! $79.03M | |||
| Open | High | Low | Value | Volume |
| 35.0¢ | 36.0¢ | 35.0¢ | $79.95K | 228.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 102617 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 100000 | 1 |
View Market Depth
| Last trade - 15.36pm 22/07/2024 (20 minute delay) ? |
| MCE (ASX) Chart |