OCP, LKT, Thai Vendor should have plenty of fire power compared to the brothers. So for OCP case, they are not in the long haul. Any good offer they will leave the scene. On the flip side, they will make sure they explore all venue to recoup their outlay. At the minimum, they will not let their only asset (37.5 % stake) become worthless. So lease arbitration goes to Vendor ways, they are in weaker position to negotiate but keep the company alive and banking on Singapore arbitration. But if it is opposite, they will want to join the upward ride. They only way they can screw other shareholder is to transfer the share to vendor or someone else and do an off the exchange deal, wipe their hand clean. Then the big guy will mop up the rest at rock bottom price.
Let's watch how these 3 power players play their card. Unless there is another raider that we are not aware of, I don't see anyone else has the firewpower or incentive to get into the ring.
Lim brothers may have some money stashed somewhere. But I think they are staying out or have no confidence/ enoughmoney to buy over OCP stake.
- Forums
- ASX - By Stock
- Ann: Change in substantial holding
OCP, LKT, Thai Vendor should have plenty of fire power compared...
Featured News
Add DNA (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $33.35M |
Open | High | Low | Value | Volume |
2.7¢ | 2.7¢ | 2.7¢ | $3.368K | 124.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 404315 | 2.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.7¢ | 150000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 404315 | 0.026 |
1 | 20000 | 0.025 |
2 | 336813 | 0.024 |
1 | 100000 | 0.021 |
1 | 357142 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 150000 | 1 |
0.028 | 134554 | 3 |
0.029 | 206963 | 3 |
0.030 | 381409 | 4 |
0.032 | 500000 | 1 |
Last trade - 10.11am 19/11/2024 (20 minute delay) ? |
Featured News
DNA (ASX) Chart |