Whenever the Chinese are buying something they have an incredible ability to keep a lid on the shareprice as long as they can.
TIE current takeover is a great example.
The Chinese bid 58c a few months ago and the stockprice stays at 58-61c and completely ignored the recent +25% Gold rally.
The Chinese bidder then accumulated +30 million more shares and has know last week increased the takeover bid to 68c..
But still they keep a lid on the shareprice currently at 64c
Just have to be patient...
MTC other biggest Chinese shareholder paid 40c back on 22/12/2022 in a placement when Gold was just $1,800 so they will not accept anything less than a cash upfront bid on settlement of +45c for sure.
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Last
24.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $48.00M |
Open | High | Low | Value | Volume |
24.0¢ | 24.5¢ | 24.0¢ | $9.678K | 39.54K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 48484 | 24.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.0¢ | 258400 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3484 | 0.245 |
3 | 119999 | 0.240 |
2 | 16761 | 0.235 |
1 | 2000 | 0.230 |
4 | 61604 | 0.225 |
Price($) | Vol. | No. |
---|---|---|
0.250 | 258400 | 6 |
0.255 | 47753 | 4 |
0.260 | 33800 | 3 |
0.265 | 180590 | 7 |
0.270 | 186838 | 3 |
Last trade - 10.33am 08/07/2024 (20 minute delay) ? |
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