Why would DRD want to keep price down if they make an offer of $150 million because such offer would propel the share price up so market cap reaches $150 million...the only reason surely for keeping price low is a takeover of the entire company via cash for shares but the board would not recommend such a takeover at a low market cap, so then it might become a hostile takeover but very much doubt shareholders will accept anything under 10 cents...then you may have other companies coming along going into a bidding war and offering a higher price...I just dont see the point in DRD selling via Bot trading....how do you know for sure todays trading was DRD...
- Forums
- ASX - By Stock
- WWI
- Ann: West Wits Completes Placement
Ann: West Wits Completes Placement, page-109
-
- There are more pages in this discussion • 243 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WWI (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.5¢ |
Change
0.001(7.14%) |
Mkt cap ! $38.14M |
Open | High | Low | Value | Volume |
1.5¢ | 1.6¢ | 1.4¢ | $42.63K | 2.851M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 166665 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 580882 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 166665 | 0.015 |
11 | 5614488 | 0.014 |
5 | 1424856 | 0.013 |
5 | 2537223 | 0.012 |
6 | 259033 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 580882 | 6 |
0.017 | 3032837 | 4 |
0.018 | 962560 | 5 |
0.020 | 1760000 | 3 |
0.022 | 100000 | 1 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
Featured News
WWI (ASX) Chart |