Its a bit rough when you find out that a company is offering $15.25/share for your holdings and the shareprice drops more than $1 because your directors refuse the offer.
Pity this is being run past the CML board at all...what happened to on market offers? CML board members would have a vested interest in not accepting the offer and a belief they can increase value for shareholders in their own right (they want to keep their position/remuneration packages etc...who would blame them). I doubt directors would accpet an offer under $17.
Ajax
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 (20min delay)
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Last
2.2¢ |
Change
-0.001(4.35%) |
Mkt cap ! $53.99M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.3¢ | 2.2¢ | $1.127M | 50.75M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 4969948 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 3045000 | 3 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| GCM (ASX) Chart |