I think the buying is actually good for the takeover. If Androit are genuine about their offer and want shareholders to accept then they will have to revise the offer terms. I can't see anyone accepting selling 1 out of every 5 shares they hold for $0.006.
Ann: Receipt of intention to make proportional takeover bid, page-15
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.141M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 22617654 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 7611233 | 6 |
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