Being potentially on both sides of the fence, wonder if that would have precluded them from voting their CGR shares (I.e. non independent party).
So if they want COG merger to go ahead maybe sold the shares to COG at 58c, being close enough to Scotpac's indicative offer and then can stay onboard for perceived COG post-merger upside, and COG can vote the shares in favour of the deal.
Naos trying to play King maker perhaps?
Ann: Ceasing to be a substantial holder, page-4
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Last
17.0¢ |
Change
0.005(3.03%) |
Mkt cap ! $49.28M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.0¢ | 16.5¢ | $15.12K | 89.77K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 212827 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 25900 | 2 |
View Market Depth
| Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
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Last
17.0¢ |
Change
0.005 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 16.5¢ | 17.0¢ | 16.5¢ | 34626 | ||
| Last updated 14.16pm 30/05/2024 ? | |||||
| EPY (ASX) Chart |