What incentive is there for substantial holders to sell in a takeover situation unless offer is near or above their buy in price.
Assuming major holders avoided dilution by accumulating more shares at each cap raise, and assume average positioning around Aud$2.00, then assume a takover offer needs to be attractive enough to get acceptance.
We shall see.
I accumlated more today. DYOR. NFA.
What incentive is there for substantial holders to sell in a...
Add SGR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
27.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $788.8M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 28.5¢ | 27.0¢ | $5.356M | 19.37M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 290250 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 1633021 | 18 |
View Market Depth
| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| SGR (ASX) Chart |