what you describe MGM certainly makes sense. Can't imagine a company trying to take over one bigger than themselves, and red is in the right location, and has the potential upside, and seems to be on the potentials list. If they get in while everyone is still grizzling about management and no premium for mapawa then surely that would be the ideal time for them. Why would they wait until production is confirmed. If a TO went ahead it would certainly propell the sp to 40c one would think, anything lower would just get laughed at. Probably the best outcome would be an offer that is turned down, as it would bring attention and rerating without loss of future potential. Was that a new high for pog just recently???
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comments sought on t/o possibility, page-3
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Last
32.3¢ |
Change
-0.043(11.6%) |
Mkt cap ! $2.244B |
Open | High | Low | Value | Volume |
34.0¢ | 34.5¢ | 32.0¢ | $10.21M | 30.46M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
64 | 2050962 | 32.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
32.5¢ | 409169 | 38 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
64 | 2067806 | 0.320 |
28 | 1018217 | 0.315 |
23 | 1169865 | 0.310 |
13 | 688101 | 0.305 |
34 | 856775 | 0.300 |
Price($) | Vol. | No. |
---|---|---|
0.325 | 358520 | 34 |
0.330 | 867764 | 36 |
0.335 | 568187 | 18 |
0.340 | 886885 | 19 |
0.345 | 520245 | 16 |
Last trade - 12.43pm 29/08/2024 (20 minute delay) ? |
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RED (ASX) Chart |