Hmmm ...I'm assuming THEY refers to the big shareholders - Tribe, Sietsma, McCusker, Barton, Hocking. So, talking to your advisor do you think that is a possibility/probability. Their behaviour to date has been respectful of smaller shareholders. With no premium they would need to soak up a further 1b shares (approx) to enforce compulsory acquisition (I think). They already account for about 60% so a further 30% to be bought to trigger compulsory. Do you think THEY would do that to shareholders? After nearly 18 years I wouldn't be at all happy to part with my shares at 6-7c. In fact I suspect I would be outraged if I was compelled to sell my shares at that price. You've made me very nervous.
Please disregard if I have read this all wrong.
Hmmm ...I'm assuming THEY refers to the big shareholders -...
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Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $559.9M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.3¢ | 12.0¢ | $624.5K | 5.016M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 1227634 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 130000 | 2 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| PYC (ASX) Chart |