Just spit-balling an thought....
We've had 6 teams in the data room for months now.
Have they not royally F'd Up? I ask?
They could have lobbed a bid at $1.30 ish. That is $1.00 plus 30% premium.
Now we are up at 1.50, plus 30% premium it's going to cost them a lot more as the bid will be the $2.00 region now and possibly more in the coming months, I would not expect a first bid below 3.50, but then the bidding fight begins!
So "if" they are looking at a TO or JV, they need to get their poo in a pile sooner rather than later. Not that I'm in a rush by any means.
Just my ramblings.....
- Forums
- ASX - By Stock
- $?Bill in a ? Life mine
Just spit-balling an thought....We've had 6 teams in the data...
-
-
- There are more pages in this discussion • 4,612 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HCH (ASX) to my watchlist
|
|||||
Last
80.5¢ |
Change
0.005(0.63%) |
Mkt cap ! $121.8M |
Open | High | Low | Value | Volume |
81.5¢ | 81.5¢ | 80.5¢ | $6.798K | 8.372K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 10220 | 80.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
81.0¢ | 1195 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 10497 | 0.805 |
3 | 142496 | 0.800 |
4 | 14210 | 0.790 |
2 | 3550 | 0.785 |
5 | 40652 | 0.780 |
Price($) | Vol. | No. |
---|---|---|
0.810 | 1322 | 5 |
0.815 | 3760 | 7 |
0.820 | 529 | 1 |
0.825 | 12000 | 1 |
0.830 | 4605 | 1 |
Last trade - 10.54am 15/08/2024 (20 minute delay) ? |
Featured News
HCH (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online