Most likely some sort of poison pill to fence off the raider (a lot more shares for them to buy). If a large chunk of new shares are placed with a "friendly", it will make the takeover that much more difficult. Management does not want to sell, perhaps they have not milked the company enough yet.
Most likely some sort of poison pill to fence off the raider (a...
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Last
16.0¢ |
Change
0.005(3.23%) |
Mkt cap ! $98.6M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 16.0¢ | 15.0¢ | $60.64K | 390.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 333012 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 402558 | 23 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
15.5¢ |
Change
0.005 ( 3.33 %) |
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| Open | High | Low | Volume | ||
| 15.5¢ | 15.5¢ | 15.0¢ | 327549 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| BTH (ASX) Chart |