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50.0¢ essential metals limited

Ann: Becoming a substantial holder, page-21

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cyprus

835 Posts.

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27/01/23

15:50

Post #: 65912635
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Originally posted by malvernmoe ↑

Yes, how can someone buy such a substantial amount at a price that they know is more than the offer on hand? They must have the expectation that the offer will either be increased or another higher bid will eventuate or that they're demonstrably amateurish investors.
It can only be one of these three scenarios.

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Prefer 2 out of 3.. Plenty of trades today at 51.5, 52.0 & 52.5.. Many trades at above the bid price must have some leverage on the bidder.

ESS Price at posting: 51.5¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

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