There's a reason the bid came when it did.The share price would have climbed above 20c in the short term without the assistance of such a pathetic takeover bid; it was my expectation the quarterly report would have been sufficient to light a fire under the spare price given the current state of the market.
Surprise, surprise, the bid comes in just as the quarterly is released, conflating matters.
If anything, the 23c bid now puts an artificial cap on the share price, when really we should be headed to 30c organically right now.
I'm not selling at 23c. As someone else said, replace the 2 with a 4 and we can talk.
My current avg price approx 15.5c
- Forums
- ASX - By Stock
- GNX
- Ann: Receipt of Non-Binding Indicative Proposal
Ann: Receipt of Non-Binding Indicative Proposal, page-43
-
-
- There are more pages in this discussion • 53 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GNX (ASX) to my watchlist
(20min delay)
|
|||||
Last
27.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $373.9M |
Open | High | Low | Value | Volume |
27.0¢ | 27.3¢ | 27.0¢ | $402.6K | 1.491M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 17623048 | 27.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
27.5¢ | 8160361 | 65 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 17623048 | 0.270 |
19 | 9504312 | 0.265 |
2 | 6600 | 0.260 |
2 | 41970 | 0.255 |
1 | 10000 | 0.250 |
Price($) | Vol. | No. |
---|---|---|
0.275 | 7672361 | 61 |
0.280 | 2002907 | 13 |
0.285 | 1100 | 1 |
0.290 | 158219 | 5 |
0.295 | 124962 | 2 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
Featured News
GNX (ASX) Chart |