I assume he must think I’m being pedantic … and invented a new word to describe.
I am talking material facts … a 37.7% shareholding is more strategic than a 25% shareholding, particularly when another executive friendly fund owns 10% plus.
What is pedantic about $100 million plus worth of stock that could be the difference between getting clear control and/or being a large minority without control on a register?
if another gold company is coming for OBM, they need a minimum 42% shareholding upfront and would then be hopping for 90% plus after formal bid.
And they would pay a nice premium for the certainty of 42% plus
I assume he must think I’m being pedantic … and invented a new...
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Last
63.0¢ |
Change
0.010(1.61%) |
Mkt cap ! $1.173B | |||
| Open | High | Low | Value | Volume |
| 61.5¢ | 64.5¢ | 61.0¢ | $1.445M | 2.308M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 95495 | 62.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 63.5¢ | 3317 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| OBM (ASX) Chart |