They will easily get 50% in this climate and then dump the IPM board - this takeover is an absolute given.
I'm surprised that no-one has mentioned that COE will also inherit 17 million from the IPM coffers (very little debt too).
I've been in contact with Greg H the past 2 weeks and he seems very confident in their strategy. Not too many juniors out there with approx 75 million of cold hard cash to play with.
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Last
23.0¢ |
Change
0.010(4.55%) |
Mkt cap ! $609.8M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 23.5¢ | 21.5¢ | $1.393M | 6.135M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15000 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 417153 | 6 |
View Market Depth
| Last trade - 16.10pm 08/07/2025 (20 minute delay) ? |
| AEL (ASX) Chart |