still no news on that mystery 60M buyer of UBS/LOAME sale for a capital loss.
Cmon BMM bid already and lets see the feathers fly!
If Twiggy thought that this rights raising would be the poison pill he needed to block the yanks then he aint seen nothing yet.
The longer the share price stays this low, the more likely BMM will make a new TO move IMHO.
They have to get it higher to block any new move.
By giving BMM a 19.9% holding they may have shot themselves in the foot.
BMM bid for 1.1B shares at 6c = A$66M but spent only $7M +26M thus far
Forrest was to spend $75M but only spent ~$20M
BMMs budgeted spend is under by $33M so far and twiggys is under by $50M.
They both have their warchest weapons of cash ready and waiting for the showdown.
BMM should move sooner rather than later when the SP may well be a lot higher.
anything is possible if twiggy is happy flipping "strategic asset" AGO for a pathetic $5M gain.
He sat on POS shares for 5 years at ~23c each & did nothing and allowed it to be diluted by 350% so why did he respond to BMMs move so fast in hours/days with so much cash?
He got a real surprise alright and it aint over yet.
Cmon BMM, launch the bid already before its too late.
Say 7.7c, see how you go!
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Last
0.4¢ |
Change
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Mkt cap ! $14.85M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 53210 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 30000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 53210 | 0.010 |
4 | 1311790 | 0.004 |
113 | 76295873 | 0.003 |
39 | 65635935 | 0.002 |
21 | 84793752 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 30000 | 1 |
0.003 | 1305001 | 2 |
0.004 | 614733 | 6 |
0.005 | 25783318 | 24 |
0.006 | 13159000 | 13 |
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