correct the money to cover would be the same as the takeover SP, so would not make a difference in the case of a predatory takeover....but unlikely that’s what going on. Not sure even about the legality of such an approach.
It’s most likely a hedge to mitigate market risk as part of a long/short equity approach.
correct the money to cover would be the same as the takeover SP,...
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Last
4.9¢ |
Change
0.001(2.08%) |
Mkt cap ! $364.4M | |||
| Open | High | Low | Value | Volume |
| 4.8¢ | 5.0¢ | 4.8¢ | $458.6K | 9.378M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1039220 | 4.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.0¢ | 5436876 | 20 |
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| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| IMU (ASX) Chart |