Really ? Could you please further explain how is big boys are dumping and retail buying ?
All I can think of the only one buying now is Shanghai Pharmaceuticals and Co. The more shares they buy under the offer price of 2.25, the more savings they make. No mom and dad would be accumulating now just for a few percents return given the risk of the deal doesn't go through.
I can only see a few major holders increasing holdings till the voting day and pass on a big YES.
Ann: VIT enters into Scheme Implementation Deed-VIT.AX, page-212
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Last
9.3¢ |
Change
-0.005(5.10%) |
Mkt cap ! $53.55M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 9.2¢ | $89.49K | 912.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 34999 | 9.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.8¢ | 58242 | 1 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| VIT (ASX) Chart |