Hi Cornwall
He/she would be an incredibly stupid broker to overtly suggest a major valued client is potentially considering a takeover bid, really? what about their “duty of care and client confidentiality obligations”, Mmmm!
If true, retail buyers would immediately start snapping up all the cheaper stock, all the way through to 8c!.
I’d think twice about such rubbishy comment, or such an odd, rubbery rumour.
The reality is probably different, so I’d guess, but expect. it’s more about brokers receiving trading fees.
If HMX directors were aware of a bid, they should quickly inform the market, of significant share price impacts, or if only a rumour equally, they should declare a genuine bid.
Above is not to be considered as advice, just go DYOR!.
Hi Cornwall He/she would be an incredibly stupid broker to...
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Last
3.6¢ |
Change
-0.002(5.26%) |
Mkt cap ! $31.91M | |||
| Open | High | Low | Value | Volume |
| 3.8¢ | 3.8¢ | 3.6¢ | $23.41K | 632.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 274999 | 3.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.9¢ | 250000 | 1 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| HMX (ASX) Chart |