JA - $80m invested, down $30m. Keeps buying…Yep. Reckon he sees the opportunity to put the squeeze on the Saffas. Capex budget looks like it’s going to increase substantially - inflation + larger throughput - and SSBW probably can’t/won’t cough up their 50%.
New shares will be issued on 6th. If it’s JA, substantial holding disclosure notice should be released same day. Room to add 115 million shares without exceeding 20% threshold.
Nasdaq IONR up 11% overnight.
Ann: Trading Halt, page-48
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Last
14.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $337.2M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.5¢ | 14.5¢ | $634.4K | 4.266M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 277943 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 590377 | 12 |
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| Last trade - 16.10pm 18/06/2024 (20 minute delay) ? |
| INR (ASX) Chart |