Ruffy's team stated that he was borrowing money for the bid. The source of funds is clearly documented in the Bidder's Statement... I guess you didn't read it.
What makes you think he only needs to accumulate less that 1.3%? Even if that was the case, how do you expect him to buy ~4,500,000 shares (I suspect the final number will be much higher) on market when only ~38,000 shares was transacted yesterday?
Ruffy's team stated that he was borrowing money for the bid. The...
Add PGH (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
82.0¢ |
Change
-0.005(0.61%) |
Mkt cap ! $278.8M | |||
| Open | High | Low | Value | Volume |
| 80.5¢ | 82.0¢ | 80.5¢ | $10.56K | 13.04K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 302 | 82.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 82.5¢ | 291 | 3 |
View Market Depth
| Last trade - 15.39pm 14/10/2024 (20 minute delay) ? |
| PGH (ASX) Chart |