I would have to agree here. I have been noticing decent buy orders of 150,000 getting filled all week and then topped up and today in a 2c spread down to 38c over 1mil shares to buy with plenty of 100,000 orders on the screen and a late flurry to get stock.
As much as talk has gone quiet, someone is busy accumulating decent lines of stock there is no denying that.
IMO the directors need to prove themselves and give share holders a reason why they deserve to be running this company. They are trading over 25% below NTA and the directors claim they are creating vaule, which share holders are yet to see. IMO this company is a sitting duck and if MacAleese doesn't take them over then private equity might just start sniffing around.
spurned takeover, page-3
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Last
14.0¢ |
Change
-0.003(1.75%) |
Mkt cap ! $58.67M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 14.0¢ | $57.42K | 396.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 113688 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 100000 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| BOL (ASX) Chart |