I note that Albers has now reduced his holdings from 22.19% to 19.85%. Maybe under section 606 of the Corporations Act 2001 he unknowingly exceeded the 19.9% takeover rule and is now reducing his holdings to comply.
From memory under section 611, one can incrementally over time increase holdings above the 19.9% level but I am not sure of the conditions that then apply to a compulsory TO.
In the absence pf Corporation Act implication, the decision to reduce at this time does not make obvious sense to me and I do not wish to be like the 'cat.
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Last
8.0¢ |
Change
-0.001(1.23%) |
Mkt cap ! $23.23M |
Open | High | Low | Value | Volume |
8.4¢ | 8.4¢ | 8.0¢ | $6.129K | 73.29K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 45400 | 7.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.3¢ | 90000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 45400 | 0.075 |
1 | 11149 | 0.074 |
2 | 110000 | 0.070 |
1 | 10000 | 0.064 |
2 | 95841 | 0.063 |
Price($) | Vol. | No. |
---|---|---|
0.083 | 90000 | 1 |
0.084 | 94235 | 1 |
0.085 | 45778 | 2 |
0.086 | 22909 | 1 |
0.087 | 170726 | 1 |
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