Lowball take over (by Aus Super). They have previously stated they are looking for long horizon ASX companies to take private
Shorts can also keep the price suppressed for a long time. Plus we don’t know who the placement shares have gone to.
With that in mind there was some curious wording in the media release that caught my eye - “The companies focus is on preserving the control of assets…”.
DYOR IMO
Ann: Becoming a substantial holder, page-14
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Last
21.0¢ |
Change
0.010(5.00%) |
Mkt cap ! $217.3M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 21.0¢ | 20.0¢ | $278.6K | 1.346M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 172414 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 33436 | 2 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| SYR (ASX) Chart |