Just a thought. Does anybody think a takeover may be around the corner?
Think about it. Someone has been accumulating for some time at $1.10 and under. Ok, someone has also being selling but the daily trading patterns look suspiciously like a patient buyer with deep pockets.
Sooner or later they`ll show their hand and could quickly announce a takeover bid at say, $1.50 and state that it is a price XX% above the VWAP over the last 30 days....
As i said, it`s just a thought.
being mercilessly screwed down, page-9
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Last
$2.31 |
Change
-0.290(11.2%) |
Mkt cap ! $406.0M | |||
| Open | High | Low | Value | Volume |
| $2.53 | $2.53 | $2.30 | $3.988M | 1.655M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 75645 | $2.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.32 | 1500 | 1 |
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| Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
| BMN (ASX) Chart |