A takeover off is more likely when the price has been suppressed (like it has been). The calm before the storm.
I wouldn't be surprised if a lowball offer comes in at around 55-60 as a starting point.
55 looks more attractive when we are sitting at 43 cents compared to when we were at 49 cents doesn't it ?
The manipulation of the price will continue until Gina is ready to make the offer. She knows exactly when it will happen and it will happen on her terms.
A takeover off is more likely when the price has been suppressed...
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Last
28.0¢ |
Change
0.030(12.0%) |
Mkt cap ! $801.0M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 28.3¢ | 24.5¢ | $7.221M | 26.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 293004 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 820079 | 16 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| STX (ASX) Chart |