The deafening silence from ABM since Tanami's board approval has all the appearance of some tough legal issues being encountered.
Generally, in my experience, when all is well behind the scenes in a potentially beneficial situation such as the one that's been presented, the smart money moves into the stock and things stir in the price of shares.
This doesn't seem to be happening as the market is eerily quiet.
The question that comes to mind for me is that perhaps one of Tanami's creditors or investors has fired a legal salvo at the deal.
Does anyone on the thread have a handle on what's going on behind the curtain ?
The deafening silence from ABM since Tanami's board approval has...
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Last
0.3¢ |
Change
0.001(50.0%) |
Mkt cap ! $6.353M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $242 | 100.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 40483127 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 16013694 | 18 |
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| Last trade - 15.13pm 21/06/2024 (20 minute delay) ? |
| PRX (ASX) Chart |