@Talks
imo
1. because the sp might be higher than 9c by end of this month.
2. it doesnt even need to get = to 9c - because the CB conversion right is shareholder pre-approved - so it gives BMM the chance to move to +20% without paying much if any 'takeover premium' and bypassing the need for a shareholder vote or making a takeover offer - which is what BMM would need to do if they simply bought more shares on market
https://www.minterellison.com/articles/summary-of-australian-takeover-laws
more importantly
http://www.*****metals.com/charts/nickel.html
- looking good billy ray (so far...)
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Last
0.3¢ |
Change
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Mkt cap ! $11.14M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.3¢ | $5.459K | 1.513M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
53 | 33963252 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 3205511 | 6 |
View Market Depth
No. | Vol. | Price($) |
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53 | 33963252 | 0.003 |
25 | 40000393 | 0.002 |
7 | 59032753 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 3205511 | 6 |
0.005 | 8129614 | 13 |
0.006 | 5689028 | 10 |
0.007 | 18684360 | 8 |
0.008 | 5500000 | 2 |
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