So Gemcorp need to buy another 30% from an available 40% float.
Three possibilities:
-My sense is that at 0.16, given it is such a good deal, they might waive the 50% condition. They obviously already have a large holding and they will make it bigger. They can always come back later with another bid.
-Gemcorp increasing the price to attract more sellers.
-Another bid to come through.
Whatever happens, a short-term floor at 0.16 seems likely.
- Forums
- ASX - By Stock
- Ann: Change in substantial holding
So Gemcorp need to buy another 30% from an available 40% float....
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SRX (ASX) to my watchlist
|
|||||
Last
17.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $74.27M |
Open | High | Low | Value | Volume |
17.5¢ | 17.5¢ | 17.5¢ | $1.602K | 9.154K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 3847679 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.0¢ | 2509481 | 36 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 2847679 | 0.175 |
5 | 1596422 | 0.170 |
1 | 18186 | 0.165 |
1 | 2577 | 0.097 |
1 | 4000 | 0.075 |
Price($) | Vol. | No. |
---|---|---|
0.180 | 2177067 | 35 |
0.185 | 42357 | 5 |
0.190 | 198822 | 8 |
0.195 | 20478 | 2 |
0.200 | 181416 | 6 |
Last trade - 15.19pm 23/08/2024 (20 minute delay) ? |
SRX (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online