I think there is little doubt at the high 1c range this shell is fully priced. Many holders in these threads even allude to this, obviously no-one wants to talk down a stock that has doubled since they bought in though
It will have to be one hell of an acquisition to add more value on top of the $10 million implied management/shell value that's already factored in.
Good luck to holders - when something more definite is announced I am certain it will be a wild ride.
Ann: Potential Transaction with a Third Party, page-135
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Last
18.0¢ |
Change
0.005(2.86%) |
Mkt cap ! $30.49M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.0¢ | 17.5¢ | $19.43K | 108.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9304 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 41477 | 1 |
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| Last trade - 13.00pm 09/08/2024 (20 minute delay) ? |
| SRT (ASX) Chart |