With such a low number of shares on issue and low trading volume, it would be difficult (time consuming) for any big players to take a decent position - say approx. 5-10%. So without a large take over, say 90% +, wouldn't we continue to trade at lower s/p figures? The main value then being in the div. on sale. For example, we climb $3 to $8 this year, next year there is an offer, we then see a $15++ position overnight. Thoughts?
$140 is massive. Halve that so the incoming party has something on the table, $70. Feels about right...
With such a low number of shares on issue and low trading...
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Last
25.0¢ |
Change
0.005(2.04%) |
Mkt cap ! $17.78M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 26.0¢ | 24.8¢ | $21.47K | 85.34K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2898 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 94925 | 1 |
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| Last trade - 14.13pm 30/08/2024 (20 minute delay) ? |
| JLL (ASX) Chart |