1.5mil oppies at $0.29 as pointed out by bigshareshead, is the game here once done then the price will rise so that they can cash in.
I call a SP of 38 cents as the next level the SP will settle at.
Interesting to see our potential buyer has been revealed as a substantial holder, so imo this is a done deal once they get work out their finance arrangement.
My best guess would be that they would return shareholders between 0.20 and 0.22 cents, leaving cash for new activities at around $20mil
and a share price of around 0.20 to 0.25 post sale.
1.5mil oppies at $0.29 as pointed out by bigshareshead, is the...
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Last
31.0¢ |
Change
-0.005(1.59%) |
Mkt cap ! $24.39M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 31.0¢ | 29.5¢ | $6.514K | 22.01K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 18865 | 1 |
View Market Depth
| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| AYA (ASX) Chart |