I feel it is most likely a Take over offer. Insiders knew about it yesterday and shorters pushed the price down to make the lowball offer more attractive.
AFR have shared a headline that EML has paused trading and have re-shared their previously article of possible takeover from 17th July.
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Ann: Pause in Trading, page-15
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Last
97.5¢ |
Change
-0.020(2.01%) |
Mkt cap ! $365.7M |
Open | High | Low | Value | Volume |
99.0¢ | 99.5¢ | 96.0¢ | $4.265M | 4.392M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 22522 | 97.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
98.0¢ | 199 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 22522 | 0.970 |
3 | 35866 | 0.965 |
3 | 10420 | 0.960 |
3 | 30240 | 0.955 |
5 | 162103 | 0.950 |
Price($) | Vol. | No. |
---|---|---|
0.980 | 199 | 1 |
0.985 | 87127 | 3 |
0.990 | 5641 | 2 |
0.995 | 44500 | 1 |
1.000 | 81506 | 9 |
Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
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EML (ASX) Chart |
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