Anyone from the outside would surely see there is a playing going on
An unknown group buys 5.6% or 8,250,000 shares in the company off market at 18c, a 10-15% premium to the price at the time to obtain volume
The AceA voting dates for Gossan were then extending to February
Several posters have hinted at a substantial bid being in the winds
Perhaps the incoming party of the 5.6% is the one arranging and introducing the bid, and therefore have got themselves set at 18c per share prior, with SOC extending the meeting dates on the AceA proposal to accomodate and review any proposals
It makes sense and stacks up to some of the speculation punters have mentioned here
If this is the case and they are planning to submit a bid, it makes sense why they haven't simply spent the measly $30k to take this back to 18-20c as they would be in blackout
Likewise with our major holder selling $1.5M to them, with PMR's remaining 4 holes to come, they would also be in a blackout, hence no buying
You would think people would think this through and potentially await the remaining 4 holes for all parties to be fully disclosed and able to trade, and see what eventuates before this meeting date in a week or so
I know that someone doesn't buy 8,250,000 or 5.6% of the company at a premium to remain passive
- Forums
- ASX - By Stock
- SOC
- play going on
play going on
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SOC (ASX) to my watchlist
|
|||||
Last
9.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.44M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 111456 | 8.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.9¢ | 24570 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 111456 | 0.083 |
1 | 12000 | 0.082 |
1 | 150000 | 0.081 |
1 | 250000 | 0.080 |
1 | 100000 | 0.075 |
Price($) | Vol. | No. |
---|---|---|
0.099 | 24570 | 1 |
0.100 | 130000 | 1 |
0.105 | 55000 | 1 |
0.110 | 82000 | 2 |
0.115 | 10000 | 1 |
Last trade - 10.09am 25/06/2024 (20 minute delay) ? |
Featured News
SOC (ASX) Chart |
Day chart unavailable