I was just wondering what strategies the management will employ to keep the price from dropping much below 40 cents.
In this market a drop to the mid to low 30's is not inconceivable at which rate the takeover offer will become pointless since IPM share holders will probably be able to get more selling on market than for 3 COE shares
IPM is very thinly traded so probably wont drop as much in this environment
I was just wondering what strategies the management will employ...
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Last
22.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $594.0M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 22.5¢ | 22.0¢ | $593.7K | 2.672M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 290435 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 205975 | 5 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| COE (ASX) Chart |