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
21.5¢ |
Change
-0.005(2.27%) |
Mkt cap ! $616.0M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.5¢ | 21.0¢ | $4.542M | 20.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 343465 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 563407 | 9 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| STX (ASX) Chart |