you would think right. However the 19th the day reported here and last available showed a 2 million share increase in the shorts from the day before. So who would know what information they are working off.
I think the rio deal belled the cat on what boardrooms are thinking about into the next 12-18 mths.
I feel there will be an offer in the first qtr next year but low around 70c all cash offer. That may be upped to a script and cash to value around $1.20 a share and I feel that may be accepted or recommended to be accepted by the board. A $1.5-1.6 Billion offer would be hard to pass up…I feel anyway.
script will either be from an offer from pls or min.
you would think right. However the 19th the day reported here...
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Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $178.1M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 13.0¢ | $41.23K | 304.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 1734960 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 94896 | 11 |
View Market Depth
| Last trade - 12.15pm 16/06/2025 (20 minute delay) ? |
| WC8 (ASX) Chart |