Agree bigstock. Indians want 50 % of the company. Nothing less. That has been mentioned many times in media releases. They certainly dont need to take over the company to get what they want. Remember that foreign investments need to buy aussie dollar when they make a purchase. They will need time to accumulate the dollar to pay for the 50%.
I wouldnt be surprised if we touched .10cents again before going back up. The market is all about trading a stock and taking profits when you can and buying at a cheaper price
Agree bigstock. Indians want 50 % of the company. Nothing less....
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Last
1.7¢ |
Change
-0.001(5.56%) |
Mkt cap ! $131.1M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.8¢ | 1.7¢ | $6.765K | 397.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1702626 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 1178026 | 5 |
View Market Depth
| Last trade - 14.15pm 25/07/2024 (20 minute delay) ? |
| LCY (ASX) Chart |