More interesting is the volume. There has been 250,000 ADRS traded over 2 days equal to 7.5m shares or just over 2% of the Company. At a market cap of US$60m maybe an acquisition is cheaper than a license. Consider the propsect of someone securing say 5% and then doing a deal with Mervyn for his shares ahead of a bid - with 50% secured the acquisition becomes a formality.
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- finnished at 7.21 u.s
More interesting is the volume. There has been 250,000 ADRS...
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Last
4.0¢ |
Change
-0.003(6.98%) |
Mkt cap ! $5.816M |
Open | High | Low | Value | Volume |
4.3¢ | 4.3¢ | 4.0¢ | $51 | 1.196K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 50438 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.3¢ | 42133 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 50223 | 0.040 |
4 | 171524 | 0.039 |
6 | 445749 | 0.038 |
6 | 91062 | 0.037 |
3 | 54887 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.043 | 42133 | 2 |
0.045 | 22522 | 1 |
0.046 | 40000 | 1 |
0.049 | 2414 | 1 |
0.050 | 25556 | 2 |
Last trade - 15.37pm 04/10/2024 (20 minute delay) ? |
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