Well takeover prices are often based on a percentage above the average price for the preceding 3 -6 months, hence takeover agencies try to accumulate as much stock as possible with out pushing the price up to much. If I am correct, we are likely to see the price get pushed back down leading up to a formal TO offer which could be as low as 25c which will be 25% above the average. Personally I wouldnt be happy with anything sub 35c, but if they hold 40% of the stock, it wont be hard to make up the remaining 11% in order to push a low ball offer through.
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!
7.3¢

Well takeover prices are often based on a percentage above the...
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Last
7.3¢ |
Change
0.003(4.29%) |
Mkt cap ! $76.79M |
Open | High | Low | Value | Volume |
7.0¢ | 7.3¢ | 6.9¢ | $4.412K | 63.63K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 612200 | 6.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.3¢ | 119155 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 612200 | 0.068 |
2 | 150000 | 0.067 |
3 | 550000 | 0.066 |
2 | 350000 | 0.065 |
1 | 6451 | 0.064 |
Price($) | Vol. | No. |
---|---|---|
0.073 | 119155 | 1 |
0.074 | 200000 | 1 |
0.075 | 639721 | 3 |
0.080 | 12664 | 2 |
0.081 | 12202 | 1 |
Last trade - 16.10pm 02/07/2025 (20 minute delay) ? |
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