I know your post is only in jest, but unfortunately ASIC would have definite issues with that behaviour. Despite algos manipulating our share price, such collusion as outlined above is illegal. Directors have fiduciary duties as well as requirements to act within the law and discussions to arrange a false bid to set a price would fall under a variety of laws, just off the top of my head, Cartel behaviour.
But I see your point about unsuccessful but genuine take over offers setting a new floor under a price.
- Forums
- ASX - By Stock
- FAR
- Takeover offer
Takeover offer, page-5
-
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FAR (ASX) to my watchlist
|
|||||
Last
49.5¢ |
Change
-0.005(1.00%) |
Mkt cap ! $45.74M |
Open | High | Low | Value | Volume |
50.0¢ | 50.0¢ | 49.5¢ | $8.846K | 17.69K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 89158 | 49.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.5¢ | 97696 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 89158 | 0.495 |
1 | 99999 | 0.490 |
2 | 104597 | 0.485 |
4 | 260000 | 0.480 |
1 | 100000 | 0.475 |
Price($) | Vol. | No. |
---|---|---|
0.505 | 88712 | 1 |
0.510 | 100000 | 1 |
0.515 | 120000 | 2 |
0.520 | 149917 | 3 |
0.525 | 118000 | 2 |
Last trade - 15.59pm 19/08/2024 (20 minute delay) ? |
Featured News
FAR (ASX) Chart |