Another good day trading wise for this company and holders.
Over 640 000 shares trading at between 0.875 and 0.91, as we go forward the volumes traded each day will reduce, the pressure on the share price is certainly on the upside, meaning that someone is buying, yes sure there will be day traders in the mix churning a certain amount of stock, but if the buying is going to an entity that has a plan in place it will be good for holders. Let's hope for another strong week to come.
Remember we will well and truly have some leverage with condition 2.10 as per below
2.10. Usual conditions in certain takeover situations
This section applies where the entity requesting removal from the official list is an ASX Listing that has been the
subject of a successful takeover bid for its ordinary securities where:
the bidder and its related bodies corporate own or control at least 75% of the entity’s ordinary securities
but have not met the conditions to proceed to compulsory acquisition of the remaining securities under the
Corporations Act;
excluding the bidder and its related bodies corporate, the number of holders of ordinary securities having
holdings with a value of at least $500 is fewer than 150;
- Forums
- ASX - By Stock
- ASX Listing Rule 2.10
Another good day trading wise for this company and holders.Over...
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Last
81.0¢ |
Change
-0.015(1.82%) |
Mkt cap ! $278.8M |
Open | High | Low | Value | Volume |
80.5¢ | 81.0¢ | 80.5¢ | $10.52K | 12.99K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 349 | 82.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
82.5¢ | 291 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 349 | 0.820 |
1 | 25000 | 0.815 |
1 | 12422 | 0.810 |
2 | 7303 | 0.805 |
2 | 1379 | 0.800 |
Price($) | Vol. | No. |
---|---|---|
0.825 | 291 | 3 |
0.830 | 120 | 1 |
0.835 | 50 | 1 |
0.845 | 171 | 2 |
0.850 | 28807 | 6 |
Last trade - 11.33am 14/10/2024 (20 minute delay) ? |
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