if the takeover rumours are correct, by preserving a low starting price - his `bid` would look more attractive...
every 1 cent INL moves up equates to $5.35mill in market cap... its only costing him a couple of hundred grand a day to keep the sp stagnant... could end up saving himself $50mill for the sake of $1mill...
makes sense to me
if the takeover rumours are correct, by preserving a low...
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Last
57.0¢ |
Change
0.010(1.79%) |
Mkt cap ! $108.1M | |||
| Open | High | Low | Value | Volume |
| 56.0¢ | 57.0¢ | 55.8¢ | $125.8K | 223.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17 | 56.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 57.0¢ | 41680 | 1 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| SDV (ASX) Chart |