Personally I do not expect any takeover bids/asset sales until at least the first 6 are drilled. Im just making a point that it could be at that point in time that an actual price could be placed more accurately on what has been discovered and just like a huge wall of sellers at a certain price turns off everyday investors from buying in, a takeover offer would put a bottom on the SP. Neither can be proven to be untrue bids, but as is often seen this wall of sellers can easily pull there orders and a takeover offer can easily be rejected with both achieving certain objectives.
All hypothetical, sort of but it would wake the market up as CN has said before nobody seems to understand what we have. Up until now I think its probably worked out better that way but expect the upcoming appraisals to change that.
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Takeover offer, page-8
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Last
47.0¢ |
Change
-0.015(3.09%) |
Mkt cap ! $43.43M |
Open | High | Low | Value | Volume |
47.0¢ | 47.5¢ | 47.0¢ | $9.995K | 21.23K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 82233 | 47.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
48.0¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 32022 | 0.470 |
1 | 50000 | 0.465 |
1 | 50000 | 0.460 |
1 | 1822 | 0.450 |
1 | 3000 | 0.445 |
Price($) | Vol. | No. |
---|---|---|
0.480 | 50000 | 1 |
0.485 | 50000 | 1 |
0.490 | 54000 | 2 |
0.510 | 100895 | 2 |
0.520 | 225286 | 3 |
Last trade - 15.00pm 27/09/2024 (20 minute delay) ? |
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