Well, I suspect that if they can't get control by cajoling and manipulation, they might actually make a bid.
Why not? ...Exhaust the cheap route first by giving the tree a vigourous shake, then have a ding-dong go if that fails. Even a fairly modest bid at, say, 40-50c might get 'em there from current levels, though it might also flush out other interested parties. (Not that they'd be unhappy with that outcome either.)
I certainly wouldn't worry about them spitting the dummy - a) because they plainly like and know the value of what's here, and aren't likely to step away too easily; and b) even if they were of that mind, interest is snowballing (as more and more boxes are ticked by the present Board) to the point where now I believe their shares would be fairly readily hoovered-up by the market.
Bin the Green form, people:
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And vote for current management with the white form.
I certainly will be:
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Last
6.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $106.4M |
Open | High | Low | Value | Volume |
6.5¢ | 6.5¢ | 6.5¢ | $2.202K | 33.87K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 46000 | 6.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.5¢ | 65328 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 46000 | 0.064 |
3 | 423000 | 0.063 |
5 | 341100 | 0.062 |
4 | 298786 | 0.061 |
10 | 341700 | 0.060 |
Price($) | Vol. | No. |
---|---|---|
0.065 | 65328 | 1 |
0.067 | 258615 | 7 |
0.068 | 65115 | 1 |
0.069 | 825826 | 11 |
0.070 | 231347 | 7 |
Last trade - 12.16pm 07/07/2025 (20 minute delay) ? |
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AUSTRALIAN GOLD AND COPPER LTD
Glen Diemar, MD
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