Absolutely right. 50-70 % of the shares are in strong hands. In front of the possible really huge potential of Mumbwa I do not believe that a lot of shareholders would be happy to sell at 4, 5, 6 A$ if they might get 10, 15, 20 in a few years. Everything depending from the next drilling results and JORC upgrade.
They (and me) have waited for so long. Makes no difference to wait another 2 or 3 or even 4 years to see the story unfold completely.
In every case. If somebody is interested in a take over then one thing is for sure: the longer he waits, the more expensive the take over.
Well...on the other hand if somebody would offer 10 + today then I would be happy to sell.
Let's see what happens next and hope for the best.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
57 | 15186973 | 1.7¢ |
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Price($) | Vol. | No. |
---|---|---|
1.8¢ | 3949672 | 15 |
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---|---|---|
57 | 15186973 | 0.017 |
31 | 14838571 | 0.016 |
18 | 5443499 | 0.015 |
12 | 5790914 | 0.014 |
6 | 2849548 | 0.013 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 3949672 | 15 |
0.019 | 10249493 | 21 |
0.020 | 11168218 | 22 |
0.021 | 4135208 | 6 |
0.022 | 3047064 | 8 |
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