I disagree on your statement “a discount was required”.
There’s only 30% out of the control of the top 20. If there was any new big guy that wanted in (and I’m sure there is according to everyone on here suggesting a TO) they would have had to push the SP up to take a sizeable stake. So where are those institutions and why weren’t they prepared to pay a premium for a generous stake in this new offer to take a position?
As others have said, this was a gift to the big boys. Having a chance for the punters to buy on market at the same price is not an argument because it happened by default as a result of this low ball issue which should never have happened in the first place if there are suitors clamouring for what we have. So which is it?
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Last
45.0¢ |
Change
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Mkt cap ! $218.3M |
Open | High | Low | Value | Volume |
46.5¢ | 46.5¢ | 43.5¢ | $163.7K | 366.9K |
Buyers (Bids)
No. | Vol. | Price($) |
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4 | 25441 | 44.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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45.0¢ | 14195 | 7 |
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No. | Vol. | Price($) |
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4 | 25441 | 0.440 |
3 | 95403 | 0.435 |
7 | 39999 | 0.430 |
5 | 94664 | 0.425 |
3 | 10054 | 0.420 |
Price($) | Vol. | No. |
---|---|---|
0.450 | 10642 | 6 |
0.455 | 66343 | 4 |
0.460 | 4549 | 2 |
0.465 | 8644 | 3 |
0.470 | 10757 | 3 |
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Last
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Change
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Open | High | Low | Volume | ||
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Last updated 14.00pm 14/06/2024 ? |
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