I confess to being naive and don't really understand how someone(s) can keep the share price down without running out of shares.
One reason I haven't seen mentioned yet is to keep a low long-term VWAP, not for a CR, but for a takeover offer. At about the same time the boxes get ticked for "the share price to take off" or "the instos to notice", they are also likely to be ticked for various commodity companies, investment funds etc.
They could easily be eyeing each other off, as a bidding war would look a lot better for us long-standing shareholders than if one buyer decided enough boxes are ticked to offer a 50% premium before any others are ready.
Can we really expect to reach 30, 36 or 48 cents per share without encountering takeover attempts on the way?
I confess to being naive and don't really understand how...
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 1 | 1519 | 10.5¢ |
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| Price($) | Vol. | No. |
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