Yes, Gina got AGO at a cheap price. But she didn't cause AGO share price to crash.
The fact was, AGO share price dropped to 0.9c in 2016 thanks to crashing iron ore price and its debt. MIN made an offer of 3.2c for AGO; Gina bought 20% on market at 4.2c then lodged a cash offer at 4.2c, she did increase her final offer to 4.6c, then successfully bought AGO.
Yes, Gina got AGO at a cheap price. But she didn't cause AGO...
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Last
92.5¢ |
Change
-0.030(3.14%) |
Mkt cap ! $2.315B | |||
| Open | High | Low | Value | Volume |
| 98.0¢ | 98.0¢ | 91.5¢ | $13.83M | 14.53M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 84607 | 92.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 93.0¢ | 88158 | 10 |
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| Last trade - 13.14pm 03/07/2024 (20 minute delay) ? |
| LTR (ASX) Chart |