They can go to 19.9% without any problem.
20% is the magic number which forces their hand to a TO offer.
Many speculations have been made about a TO but savy investors also like to buy as much as they can.
Savy investor (fund manager) or TO?
Time will tell but one thing is for sure.
There are strong chances of upgrades to the JORC at Mt Magnet and these guys are making a beautiful habit of finding more gold and creating shareholder wealth along the way.
possible takeover offer??, page-2
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Last
$2.19 |
Change
0.020(0.92%) |
Mkt cap ! $2.512B | |||
| Open | High | Low | Value | Volume |
| $2.17 | $2.20 | $2.14 | $7.445M | 3.421M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 4988 | $2.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.19 | 2288 | 1 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| RMS (ASX) Chart |