EER 0.00% 3.6¢ east energy resources limited

SolarThe impression I gained was an offer has probably been made...

  1. 9,286 Posts.
    Solar

    The impression I gained was an offer has probably been made for the shares to the liquidator. The offer would be a low offer. The role of a liquidator is to liquidate. They do not care what price they receive.

    However, they must advertise to the public before they accept the offer, to show they tried to sell it for a better or "market price".

    Check out the low buy offers in the buy queue, how large they are.

    The impression is the shares have been sold for a very low price.

    If so, I am not sure why Mark Basso did not buy them.

    Or maybe those buy orders were hoping for the 30m to be sold on market.

    Who knows?

    But I did not notice those buy orders last Friday, not that I was looking.

    Could be a large drop coming for EER.



 
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