Problem for Somers is - what shares are being sold are to being sold to them. The 5 million blocking bids at 21.5c are absorbing the minuscule amounts being traded so they will have to make a meaningful jump in the offer to have a hope of getting any stock. They might extend to buy time but I reckon a time extension will come with a better price. Otherwise punters are going to sit here and get the interesting dividends TGA has been proving it can generate.
TGA Price at posting:
21.5¢ Sentiment: Buy Disclosure: Held