I thought the supplementary bidder statement only be used for extension? Now they used it as the reminder letter too? Like I said, he managed to grab around 11 k shares since last update and the amount is too small so they had to put up this letter to scare more people. My opinion.
I still think they will extent all the ways to September or till they reach 90%. Logically, either you take 84 cents/share when he reaches 90% or if he fails, we can ask for higher price on the market or through bidder, later on, is a much better solution then to accept to the offer right now. Accepting right now is not logically at all and I don't like the IBC's recommendation at all.
Hold on guys!
My opinion.
I thought the supplementary bidder statement only be used for...
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Last
84.3¢ |
Change
0.003(0.30%) |
Mkt cap ! $290.0M | |||
| Open | High | Low | Value | Volume |
| 84.0¢ | 84.5¢ | 84.0¢ | $29.36K | 34.95K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 110971507 | 84.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 84.5¢ | 103925 | 13 |
View Market Depth
| Last trade - 13.24pm 27/05/2024 (20 minute delay) ? |
| PGH (ASX) Chart |