I see you are now flagged as a holder, guess the 13.5-14c range convinced you to dip your toe in the pond, not exactly sure when you bought in.
The for sale sign is probably dependent on Datt, I just did a quick scan of substantial shareholder notices and I get the following for him.
38,298,559 shares bought for $8,727,354.41 or an average price of $0.2279. He has 38,845,748 shares total so I have missed 547,189 shares somewhere, but that is unlikely to change the average substantially. All up he has 16.5% of the company, so a blocking stake for a complete takeover.
The company knocked back stakes offer at 17.5c/share, so what would he/they be willing to take? I am guessing it would have to be north of 20c before they would come to the table, it just comes down to if he is willing to suffer a (small) loss to get his cash off the table, or, after the 4+ years that he has been invested that he would want to walk away with some profit to show for the near $9m invested so far.
But north of 20c is a tough ask given you could recently buy at 13/13.5c!
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I see you are now flagged as a holder, guess the 13.5-14c range...
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Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $27.86M |
Open | High | Low | Value | Volume |
12.0¢ | 12.0¢ | 12.0¢ | $2.11K | 17.58K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 170250 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 286540 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 170250 | 0.115 |
2 | 200250 | 0.110 |
7 | 332815 | 0.105 |
6 | 261002 | 0.100 |
1 | 3263 | 0.099 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 286540 | 3 |
0.130 | 438781 | 4 |
0.135 | 303756 | 8 |
0.140 | 17676 | 2 |
0.145 | 179913 | 5 |
Last trade - 12.55pm 18/07/2024 (20 minute delay) ? |
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