We would not know if large companies thinking of a takeover are currenly buying the stock. That's not their practice to buy a few million shares of a company which has 65% held by its Top 20. They would approach the BOD and seek a large stake or negotiate a T/O without any initial entry onto the register.
Lets leave a takeover aside for the moment.
Our main concern is those blood thirsty day traders destroying the shareprice during market down turn and shareholder exodus.
August Trades, page-338
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Last
12.0¢ |
Change
0.005(4.35%) |
Mkt cap ! $144.1M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.5¢ | 11.0¢ | $151.4K | 1.286M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 92441 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 32527 | 2 |
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| Last trade - 16.10pm 21/08/2024 (20 minute delay) ? |
| LIN (ASX) Chart |