CLA 0.00% 1.1¢ celsius resources limited.

I know this is probably a stupid question due to...

  1. 34 Posts.
    lightbulb Created with Sketch. 4
    I know this is probably a stupid question due to ambiguity/uncertainty etc.
    But how if when the TO offer was first announced it was at 3c, and with other shares etc they said the real value was around 4.5c.
    Why has the share price never gone anywhere near even the 3c offer? it seems to be completely stuck at 2.5 and now even starting to go backwards!!??
 
watchlist Created with Sketch. Add CLA (ASX) to my watchlist
(20min delay)
Last
1.1¢
Change
0.000(0.00%)
Mkt cap ! $26.70M
Open High Low Value Volume
1.1¢ 1.2¢ 1.1¢ $10.42K 947.7K

Buyers (Bids)

No. Vol. Price($)
2 7183605 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 6947610 10
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
CLA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.