I am imagining I am Areva:
I am negotiating with chairman Wolford to buy up to 19.9%
He just sold 1m shares at 20c, so he thinks they are not worth any more than that. He has just played into my hands by selling his shares. He shows does not have any confidence in the project.
So I see the MEY price falling because he and his colleagues are selling. They are doing a scoping study so know the preliminary economics of the project, as do !. Is that why they are selling...
I don't care about MEY shareholders, I just want to control MEY. I have enough shares already to put off any other buyer in a take over. If I get 19.9% it puts my position even stronger.
They will run out of money soon. Just string them out. The price will be 10c soon.
I dont need to make a profit on selling yellowcake. I sell nuclear power stations and the fuel for them is cream on top. I can take my profit margins in a very different manner than a cash strapped minnow.
Time is on my side. I am in control. The deposit is not going anywhere.
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I am imagining I am Areva:I am negotiating with chairman Wolford...
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Last
34.0¢ |
Change
0.045(15.3%) |
Mkt cap ! $104.8M |
Open | High | Low | Value | Volume |
32.0¢ | 34.0¢ | 32.0¢ | $441.6K | 1.339M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 18866 | 33.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
34.0¢ | 33705 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 18866 | 0.330 |
3 | 32172 | 0.320 |
1 | 40000 | 0.315 |
4 | 73000 | 0.310 |
3 | 27016 | 0.300 |
Price($) | Vol. | No. |
---|---|---|
0.340 | 19000 | 4 |
0.345 | 67500 | 2 |
0.350 | 102500 | 3 |
0.355 | 83584 | 1 |
0.360 | 15000 | 2 |
Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
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