I'm sure you have but tell me how will this aggressive takeover take place.
The raider will need atleast 900+ million shares to do so. So they will need to get moving.
Many of the shares sold each day are being churned.
It is a ridiculous propostion.
munch munch munch, page-306
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Last
19.5¢ |
Change
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Mkt cap ! $348.8M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 19.5¢ | $42.67K | 215.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 1813446 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 263554 | 10 |
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| CVN (ASX) Chart |