Valid point. I can think of a scenario for that, but starting to get well and truly into blindfold darts territory... here it is in it's rubbery glory:
EnergyX is the buyer yesterday morning (there was a decent buyer who kept coming in at 12 cents). Galan gets wind of that and 'leaks' the information to the AFR. EnergyX has to go hard thereafter (ie 3.34pm onwards) because the cat is out of the bag.
Too many variables though, so will wait and see what's coming down the pipe before commenting further.
Energy X offer $150m cash and script, page-91
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Last
12.0¢ |
Change
0.010(9.09%) |
Mkt cap ! $60.80M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 12.5¢ | 11.0¢ | $518.0K | 4.475M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 1573785 | 9 |
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| Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
| GLN (ASX) Chart |