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
14.8¢ |
Change
0.013(9.26%) |
Mkt cap ! $44.17M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 15.0¢ | 14.0¢ | $11.36K | 77.86K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 107037 | 2 |
View Market Depth
| Last trade - 15.51pm 19/06/2024 (20 minute delay) ? |
| RDM (ASX) Chart |