The other possibility is he wants to shore up support for any bid that maybe incoming - ie convince the large existing shareholders that SPR is worth multiple times the current SP. Any successful bid needs these 2 shareholders to sell into any bid so convincing them not to sell at a low price like $1 is important to achieve max value in any bid.
Again speculation on my part.
The other possibility is he wants to shore up support for any...
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Last
$1.29 |
Change
0.000(0.00%) |
Mkt cap ! $1.429B | |||
| Open | High | Low | Value | Volume |
| $1.28 | $1.31 | $1.27 | $6.108M | 4.747M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17537 | $1.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.29 | 39997 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| SPR (ASX) Chart |