Could the selling pressure over the past few months, pushing the price down from $11 to $7 be more than just profit taking and buyer exhaustion?
Is it possible that one of the big players (ie. RIO) is forcing the price down in an effort to make a takeover offer at a lower price look attractive?
If so, they'd better act fast - this resource keeps getting better all the time!
setup for takeover offer?
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Last
0.8¢ |
Change
-0.001(11.1%) |
Mkt cap ! $11.79M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.8¢ | $30.49K | 3.388M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 4783329 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 3675100 | 2 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| EXT (ASX) Chart |