he acquired another 2 million shares. I would say it's coming from one of the top holders working with him on the market to manipulate the price.
Not sure who it is from but it's a tactic to rush people to sell out. He can't get that many individuals to sell out to him in a day time is all i am saying.
But since there only a few owned more than 2 mil in an account, I suspect it only to be from HSBC, Citi and Jp Morgan .
Now if one of them gave in, he only has one or two undercover parties left on the market and probably won't reach more than 86%.
Hold on guys. If by the 12th, he won't reach there, lesser and lesser trust and incentive people going to give him.
Ann: Takeover offer for PGH - Letter to shareholders, page-14
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Last
80.0¢ |
Change
0.010(1.27%) |
Mkt cap ! $275.4M | |||
| Open | High | Low | Value | Volume |
| 80.0¢ | 80.0¢ | 77.0¢ | $19.17K | 24.51K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 26292 | 79.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 80.0¢ | 10737 | 3 |
View Market Depth
| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| PGH (ASX) Chart |