It will be interesting to see what LNG have done, with the CR and SPP dilution by my calculations they need to purchase 15 mill odd shares just to keep their holding above 10%.
In my mind LNG purchased just above 10% holding for a strategic blocking stake to be able to prevent a takeover of Mel and losing their future gas supply.
If LNG weren't able to purchase the number of shares needed to fight off dilution in the CR they may need to purchases on market.
It will be interesting to see what LNG have done, with the CR...
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0.5¢ |
Change
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Mkt cap ! $7.237M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 13664897 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 3626406 | 5 |
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