12c BAH HUMBUG
a bid would have to be at 15.5c now & still wouldnt win
at 24c-29c MST NPV it may get past 51% unless BMM AF respond & counterbid.
Ive been saying for 9 months that MD is accumulating.
MD will be revealed soon looks like.
PH implied at the AGM he was getting rid of the short sighted legacy holders & bringing in fresh blood, we now know this is Padley, Morgans, MD TP CS Nomura.
To t/o they will need to get both BMM & AF to sell to them, looks like AF already has done 4% in december to february.
they will need 1.6B shares to buy to take a 51% stake, maybe have 250M already, still not enough to t/o POS. This would explain the massive capping & accumulation the last 12 months
I have outlined before, only the following can or have the reason & cash to do this-
AF,FMG BMM BHP Glencore FQM IGO Gina POSCO,LG
which one?
their brokers must be Nomura CS TP MST
BHP & AF would make sense.
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.56M |
Open | High | Low | Value | Volume |
0.5¢ | 0.6¢ | 0.5¢ | $28.66K | 5.565M |
Buyers (Bids)
No. | Vol. | Price($) |
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83 | 27382912 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.6¢ | 21561682 | 19 |
View Market Depth
No. | Vol. | Price($) |
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1 | 100000 | 0.006 |
83 | 29226102 | 0.005 |
25 | 21687313 | 0.004 |
12 | 14222887 | 0.003 |
11 | 9809998 | 0.002 |
Price($) | Vol. | No. |
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0.005 | 99955 | 2 |
0.006 | 22646682 | 19 |
0.007 | 39864890 | 60 |
0.008 | 13123029 | 27 |
0.009 | 10059673 | 19 |
Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
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Last
0.5¢ |
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Change
0.000 ( 9.09 %) |
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Open | High | Low | Volume | ||
0.5¢ | 0.5¢ | 0.5¢ | 590297 | ||
Last updated 15.42pm 14/05/2024 ? |
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