@Holdtight
On the River takeover, my guess is that when River does not receive 90% acceptance (which they now cannot because of the Board shareholders), my view is they will see what acceptances they receive. Say they get 10% which when added to their 19.7%. This gives River sufficient for effective control with say 30%, maybe a bit more.
My guess is they could lift the 90% condition so that they keep any acceptances (10% in my example). They could also raise the price to say 9c or even 10c and lift the 90% condition.
River could then help grow LPE and in time sound out the buyer of TPC or another similar potential buyer to gain a much higher price than say 10 cents.
So hold onto your shares, Maybe, just maybe we will see much higher levels. I am starting to think about buying a few more at these levels myself.
I welcome the views of others here.
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Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.42M |
Open | High | Low | Value | Volume |
13.0¢ | 13.0¢ | 13.0¢ | $196 | 1.51K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 525639 | 12.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.0¢ | 57951 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 525639 | 0.125 |
3 | 505312 | 0.120 |
1 | 25000 | 0.115 |
1 | 100000 | 0.110 |
1 | 476 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 57951 | 3 |
0.135 | 127181 | 2 |
0.140 | 51840 | 1 |
0.145 | 454641 | 3 |
0.150 | 438000 | 4 |
Last trade - 13.04pm 10/10/2024 (20 minute delay) ? |
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