Yes, nice to see the sellers drying up kiwisteve. I'm thinking now that this could all be the prelude to a capital raising after the AGM. In a couple of earlier ones, just before the announcement, there was a short bounce - no doubt, a manufactured higher price at time of issue to make the offer more attractive. Hope not, but it needs to get through the few sellers to 0.08 asap. There are only 4 options:
- Takeover, in which case we need the price to at least 0.08 to ensure we are not robbed for less than (say) 0.16.
- Privatization, in which case we certainly need the price to be even higher than that to ensure the small shareholders' option to sell is fair.
- Capital raising, in which case the price will be artificially pumped up beforehand and then return after issuance.
- Nothing, in which case it's a genuine buyer looking to get in cheap. (Good, mop up those remaining sellers!)
We'll know soon enough.
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Yes, nice to see the sellers drying up kiwisteve. I'm thinking...
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $39.2M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $18.55K | 6.185M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 6850804 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 2541530 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 6850804 | 0.003 |
1 | 10000000 | 0.002 |
4 | 12500000 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 2541530 | 9 |
0.005 | 827500 | 3 |
0.006 | 650000 | 2 |
0.007 | 172000 | 2 |
0.008 | 250888 | 1 |
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