After the fall from $23 if the sharks lobbed bids for wa1 and Enr, they would likely get it.
wa1 has tali owners , datt and regal as the 3 large non management shareholders. They are not exactly big players in the mining industry like Gina and Ellison.
the institutions that participated in the $60 million capital raising at $17 are not strong holders and would likely sell out for over 50% profit.
it seems like the opportune time to lob the takeover bid.
After the fall from $23 if the sharks lobbed bids for wa1 and...
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Last
$14.65 |
Change
0.850(6.16%) |
Mkt cap ! $950.2M | |||
| Open | High | Low | Value | Volume |
| $14.11 | $14.71 | $13.98 | $3.732M | 259.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 926 | $14.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.65 | 1679 | 1 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| WA1 (ASX) Chart |