Kelbys mangy and moosey, thanks for the bit of hope and if you are right then it might be that the acquirer has paid a bit more thank 5 or 6 cents. If so then a funded up company with a gushing announcement and a placement above market could see a very positive market response.
The reason I think it's likely to be at above current market prices is I reckon natural fibre is right about there being someone accumulating. That would make a lot of sense if the placement is above current market price.
Maybe I'm being overly optimistic but it would match the facts as we know them. Surely Gus can't be completely useless???
Kelbys mangy and moosey, thanks for the bit of hope and if you...
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18.0¢ |
Change
0.020(12.5%) |
Mkt cap ! $150.3M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 18.0¢ | 15.5¢ | $37.32K | 230.5K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 18555 | 2 |
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| OIL (ASX) Chart |