No.
An opportunistic bidder might get 20% and a seat on the board (because some will take the money and run), but I can't see them succeeding at anything less that 40 cents, assuming the company doesn't get a chance to get a few runs on the board and the share price doesn't recover.
Most people will see a bid in the next month or so for what it is.
Ann: Response to ASX Aware Query, page-200
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Last
22.5¢ |
Change
-0.005(2.17%) |
Mkt cap ! $644.7M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 23.5¢ | 22.0¢ | $2.241M | 9.857M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 101934 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 632617 | 8 |
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| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| STX (ASX) Chart |