re: Ann: Change in Substantial Holder Interes... IGO is a great company and will be even better when they score 100% of Jabiru. It's never good for either identity when the target is left with few shares under the 90% compulsory aquisition level. JML's shareprice will certainly to go down, as nobody will want to buy. Why would anyone buy JML when the closing date has passed.
It's not good for IGO if they don't complete a full takeover as the costs of running two companies is not ideal and the fall in the JML shareprice will also reflect on IGO shareprice.
The smart move is to either sell JML and move on, or accept the offer and be part of a larger company.
You have to thankful for the opportunity to have made so much money, so don't blow it.
My sentiment is to SELL to IGO.
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Last
$6.04 |
Change
-0.220(3.51%) |
Mkt cap ! $4.573B | |||
| Open | High | Low | Value | Volume |
| $6.26 | $6.27 | $6.04 | $28.15M | 4.614M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 19021 | $6.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.05 | 37992 | 2 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$6.06 |
Change
-0.220 ( 3.40 %) |
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| Open | High | Low | Volume | ||
| $6.27 | $6.27 | $6.05 | 1484841 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| IGO (ASX) Chart |