You guys can blame this all on me- I stuck in a cheeky sell order last week for a few units at $1.05 just to see if it would get hit and what would happen as everything was changing hands between 99.5c and $1.00
Looks like SMR management have attempted to ambush the Golden Investment manoeuvre at the 11th hour with a bonus issue, but the question is with shares changing hands at $1.02 is Golden allowed to buy on market above $1.00? And if they are how does it affect their on market bid? Is this possibly a last ditch effort to buy them some time before some sort of intervention by either ASIC or the Takeovers Panel?
News: SMR Stanmore Coal Says Decided To Conduct Bonus Issue Of Shares To Eligible Shareholders, page-4
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Last
$3.06 |
Change
-0.100(3.16%) |
Mkt cap ! $2.758B | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.15 | $3.01 | $3.431M | 1.123M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 289 | $3.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.06 | 13273 | 1 |
View Market Depth
| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| SMR (ASX) Chart |