If you refer to other threads, you will find brief discussions about potential M&A. I heard the other party is a pretty established company in the same industry (complement technology to SRJ's) and the deal was really imminent.
I suspect the M&A deal and the associated cap raise (likely 100% done with Insto's and/or sophos) was completed yesterday which drove the trading activities (you know what I mean). Unsubstantiated information. I would watch closely trading pattern in the next 5 days.
If the deal was really sealed, given ASX's level of scrutiny when reviewing announcements nowadays, I suspect it might take until end of Nov at least for the news to be released.
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Last
5.7¢ |
Change
-0.003(5.00%) |
Mkt cap ! $34.29M |
Open | High | Low | Value | Volume |
5.7¢ | 5.7¢ | 5.7¢ | $391 | 6.851K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 52881 | 5.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.8¢ | 240445 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 52881 | 0.054 |
2 | 67710 | 0.052 |
2 | 68600 | 0.051 |
1 | 100000 | 0.050 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.058 | 240445 | 2 |
0.059 | 95000 | 1 |
0.060 | 116704 | 2 |
0.062 | 160000 | 1 |
0.063 | 150000 | 1 |
Last trade - 15.01pm 06/09/2024 (20 minute delay) ? |
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SRJ (ASX) Chart |