Interesting to watch all of this unfold and it's only day 5 out of many months of deliberation. The take away from today is even when volume from yesterday has died away we're still over the $3 proposal mark. This tells me that ALB is not involved with yesterdays trading. Some theorists were speculating that Gina may have been acquiring on behalf of ALB. It would be against the best interest of ALBs proposal to see the share price close in on their offer so closely. And since the volume has subsided the market/accumulator is still buying above the proposal value. This is not aligned with ALBs best interest so it would fair to rule them out among this activity. ALBs game is to suppress the price and they've been proven to be very skilful at that fro quite some time.
Many here would stand to lose significant potential by holding above $3 if they had the belief it was all done and dusted, yet they choose to hold. Hats off to you! 5 cents to some is the equivalent to a few hundred large.
AIMO
Holding
ASX Today, page-32307
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Last
93.5¢ |
Change
-0.050(5.08%) |
Mkt cap ! $2.266B | |||
| Open | High | Low | Value | Volume |
| 97.5¢ | 97.5¢ | 93.5¢ | $49.48M | 52.51M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 2797617 | 93.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 94.0¢ | 341986 | 5 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| LTR (ASX) Chart |