Mostly about the NEW RI with Patterson.
-ASIC chimed in...which is always good to see.
-The NEW RI...if it does go through will need a few tweaks.
-The appeal was upheld and they agreed with the first panel's decision. Duh.
Mostly, all mute now. There probably will be a RI...maybe soon...maybe later. It will be a different creature and be at a higher price. It should be better for all ABM shareholders which was the whole point of this.
Lots of stuff happening in the next few weeks. I can't see any of it bad. The market hates uncertainty and this was the finial bit cleared.
ABM needs the following...
-POG to keep going up.
-1 new independent director and independent chairmen. REALLY independent and a backbone.
-Drilling results from IGO.
-Mike Smith to finish his review and give BL direction on how the BOD wants ABM to move going forward.
-New funding via RI or any number of other means that include warrants, JV's, mining partnership etc.
None of the above shouldn't happen and it should be good.
This in-turn will let the market see value in ABMs assets and new investors will come on board at higher prices.
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Takeover Panel Publishes Reasons, page-11
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.236M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $359 | 179.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 6251188 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 21628958 | 28 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 6251188 | 0.002 |
24 | 93502098 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 21628958 | 28 |
0.004 | 9760897 | 13 |
0.005 | 3438264 | 8 |
0.006 | 2860001 | 6 |
0.007 | 600000 | 2 |
Last trade - 15.10pm 27/06/2024 (20 minute delay) ? |
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