Makes you wonder why QGL extended the offer now that withdrawals are outweighing acceptances. They could have closed last week and locked in a paper profit on 1.3c equivalent acceptances. Now they risk further withdrawals after the letter to shareholders a couple of days ago.
It increases the likelihood of LML and LMLND merging sooner rather than later. I guess the price gap will close up as March 6th gets closer. Always a slight chance QGL will extend again but don't see why they would.
Ann: Change in substantial holding from QGL, page-4
Add LML (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.6¢ |
Change
-0.001(14.3%) |
Mkt cap ! $12.33M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $1.302K | 217K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 339915 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 23271291 | 10 |
View Market Depth
| Last trade - 14.59pm 05/07/2024 (20 minute delay) ? |
| LML (ASX) Chart |