I can imagine they would scoop up shares as cheap on market as they can...but eventually they'll run out. And I don't think they'll get the % required of shareholders to agree to a takeover after that point, too many would be locked up by people who know the potential and wanna take the educated punt.
That's kinda what I was getting at in my earlier post sorry if I did not word it well.
I can imagine they would scoop up shares as cheap on market as...
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Last
15.5¢ |
Change
0.015(10.7%) |
Mkt cap ! $46.42M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.5¢ | 14.5¢ | $41.23K | 273.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 136238 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 12137 | 3 |
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| Last trade - 15.55pm 21/06/2024 (20 minute delay) ? |
| RDM (ASX) Chart |