@Droughtie - please don't get me wrong, I'd like to see SAU make it standing alone too. I think they can be successful explorers and producers in both counties.
I'm trying to explain the recent share price action using an Occam's Razor approach. The simpler explanation usually being the truth. Unfortunately, these days playing unfairly (in the art of takeovers ) is a more simple/obvious explanation than hundreds of panicky (almost suicidal) small shareholders selling just under 10% of the entire share registry in 5-6 weeks.
Notwithstanding, if shareholders want A) not be skinned alive- (Don't sell or -Buy some more)
B) SAU to stand alone -(Don't sell or -Buy some more)
C) SAU to get a great SP surge and heaps of WGX shares in exchange -(Don't sell or -Buy some more).
High Takeover Probability, page-3
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.443M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $1.822K | 202.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 450000 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 2912976 | 5 |
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| Last trade - 10.31am 26/07/2024 (20 minute delay) ? |
| ION (ASX) Chart |