"At this stage no formal offers have been received and it is uncertain as to whether these negotiations will result in a transaction"
Did anyone else notice that this is somewhat less positive then previous announcements?
Maybe I am overthinking it but some hypotheses / ideas:
1/ A transaction is actually very very close and this is a defensive reaction to offset any "leak" accusation ?? i.e. the reason the SP has shot up is actually because the market already "knows" things are v close? or
2/ MF et al are pissed off with RC and cant stand to see the SP rise potentially being associated with his possible return - they are trying to fight the "momentum" building behind RC's campaign and fear that teh mroe the SP rises now the greater his chances of success?
3/ Things are not progressing that well and they are now fearful that the will not deliver a deal and are t5rying to reset expectations?
Anyway...just some thoughts...possibly all rubbish but throw them out there anyway
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Last
22.0¢ |
Change
0.015(7.32%) |
Mkt cap ! $65.63M |
Open | High | Low | Value | Volume |
21.5¢ | 22.5¢ | 21.5¢ | $48.45K | 219.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 21391 | 21.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.0¢ | 2966 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 21405 | 0.215 |
1 | 50000 | 0.210 |
1 | 4692 | 0.205 |
2 | 17011 | 0.200 |
3 | 62750 | 0.195 |
Price($) | Vol. | No. |
---|---|---|
0.220 | 2966 | 1 |
0.225 | 47869 | 1 |
0.230 | 4347 | 1 |
0.235 | 7217 | 1 |
0.250 | 3501 | 2 |
Last trade - 14.57pm 11/07/2024 (20 minute delay) ? |
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