Quick calculation shows about 240 million shares have changed hands since the scheme/takover announcement.
That's about 18% of shares on offer voting yes, IF those shares weren't bought with the intention of blocking the deal.
Minimum vote to proceed with the scheme is 75%
Very, very unlikely.
Quick calculation shows about 240 million shares have changed...
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Last
27.5¢ |
Change
0.005(1.85%) |
Mkt cap ! $380.9M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 27.5¢ | 27.0¢ | $79.35K | 291.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 44322347 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 9774965 | 63 |
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| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| GNX (ASX) Chart |