I think a possible strategy would be to mop up all the cheap shares that are currently in the market by getting all the larger institutional shares just waiting to sell (a la Mr 1,000,000 shares yesterday at 1.38pm).. After that which may possibly be 1% or 2% worth of the the total shares, they would hit a wall and the share price would increase.
After that a possible takeover offer at $2.50 plus would probably shake the tree and get them another 10% - 30%. Unsure what they would do after that as the compulsory takeover rules require a 90% shareholding.
- Forums
- ASX - By Stock
- PAR
- Ann: iPPS Demonstrates Multiple DMOAD Signals in Phase 2 Study
Ann: iPPS Demonstrates Multiple DMOAD Signals in Phase 2 Study, page-150
-
- There are more pages in this discussion • 237 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PAR (ASX) to my watchlist
|
|||||
Last
22.5¢ |
Change
0.005(2.27%) |
Mkt cap ! $78.70M |
Open | High | Low | Value | Volume |
22.8¢ | 23.0¢ | 22.5¢ | $5.077K | 22.16K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 98296 | 22.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.0¢ | 9004 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 98296 | 0.225 |
17 | 142757 | 0.220 |
7 | 93458 | 0.215 |
6 | 146050 | 0.210 |
5 | 106982 | 0.205 |
Price($) | Vol. | No. |
---|---|---|
0.230 | 9004 | 5 |
0.235 | 138270 | 6 |
0.240 | 10000 | 1 |
0.245 | 40833 | 1 |
0.250 | 15000 | 1 |
Last trade - 12.04pm 16/08/2024 (20 minute delay) ? |
Featured News
PAR (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online