The takeover limit is 20%.
If you want to increase shareholding by buy on market, you'd increase share price then would cost a lot higher to take over.
Secretly buying under 'unrelated parties' is possible.
BTW, top 20 recently increased by ~5m shares.
I think it's better off just letting our management team fast tracking our three projects, then its potential will be gradually unfolding.
Compelling opportunity, page-2462
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Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $77.48M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 14.5¢ | 13.0¢ | $752.8K | 5.503M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 874807 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 36900 | 2 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| GLN (ASX) Chart |