correct me if im wrong...
seems like barclays have conducted an off market shareswap with citicorp giving them control of gordon jenks shares. could the recent bot trading sending the price lower which has ceased today be citicorp finished filling the gap to 11? as well as test the 12c highs that were hit 3 times and failed over 18 months. 12c should be come the floor, the market is just adjusting to the rerating imo.
im betting on a rally back to the average traded price on the 22nd jan.
looking beyond today, imo the company definately needs cash and will likely do it at 10c so holding at 12c for a while is definately needed to create a value offer to present to shareholders.
share swap
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Change
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Mkt cap ! $15.68M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 689760 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 137852 | 2 |
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