Please elaborate auto.
I am to perplexed with the present goings on to reason accurately.
How will keeping the price low help the offer.(or not)
I pressume the offer will fail since the management dont seem to be interested in getting the price higher ..so back to my original q .. why do they persist ?
I noticed that a IPM director bought 55k on market a few days ago. Can our management also buy on market or is it not allowed. Perhaps they have to many free or cheap options ?
I have lost all confidence in this lot, the only reason I am buying is for the fact that this is as safe as I can find ... since...the price I am buying at is lower then current assets.
We have (probably) 70 mil in bank.
We own 5 mil ipm shares, we get between 1-2mil in interest per quarter, we sell about 1 mil in oil per week, we have further oil reserves, we own lots of overses exploration licences which must be worth something ?
So why can not our management do better than drive the price to 25.5c.
Do you think there is any chance whatsover of this t/o going ahead, and if so how ?
This thread has gone deathly silent so lets keep the disscusions going.
PS I had to put buy under sentiment since "no idea" was not an option. I must be one of the few that is buying , got some for .265 the other day and more for .26 today
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Please elaborate auto.I am to perplexed with the present goings...
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Last
21.5¢ |
Change
-0.005(2.27%) |
Mkt cap ! $567.6M |
Open | High | Low | Value | Volume |
21.5¢ | 22.0¢ | 21.5¢ | $272.0K | 1.242M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 457152 | 21.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.0¢ | 17446 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 457152 | 0.215 |
9 | 1031608 | 0.210 |
16 | 946786 | 0.205 |
25 | 1047825 | 0.200 |
8 | 483466 | 0.195 |
Price($) | Vol. | No. |
---|---|---|
0.220 | 17446 | 8 |
0.225 | 763921 | 10 |
0.230 | 1597534 | 10 |
0.235 | 738185 | 14 |
0.240 | 3059045 | 26 |
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