If there was even the remotest chance of near term buy out, we wouldn’t be down at this price with a genuine prospect of 3s shortly.
the market seems to have been able to predict the lead time on May and price sensitive news… and right now it’s saying it won’t be a few months, but likely longer. So forget about a takeover/asset buy out. If that becomes a consideration you will see the price acting positively. For now, it’s a case of hoping that likely fake wall at 3.9 isn’t tested.
MAY Takeover, partial sale. or buy in, page-4
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Last
2.3¢ |
Change
-0.009(28.1%) |
Mkt cap ! $77.51M | |||
| Open | High | Low | Value | Volume |
| 2.8¢ | 2.9¢ | 2.1¢ | $1.656M | 68.27M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3909224 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 2254933 | 11 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| MAY (ASX) Chart |