re: why no trade? - fmg bought stock? gday t4p, i agree the fmg buying is very interesting. bhp and rio have the choice of coming to the table with an offer of a t/o or face the prospect of losing the lot. The blocking stake (14%) which fmg have acquired would not be a hinderence to either bhp or rio as i am sure they would be happy to take all remaining stock in caz which would likely leave them with 80% and fmg 20%. In this case, bhp/rio and fmg would de-list caz and share shovelanna. The other alternative would be a bidding war.
Its all very facinating.
why no trade?, page-22
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Last
1.7¢ |
Change
-0.001(5.56%) |
Mkt cap ! $7.842M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.8¢ | 1.7¢ | $4.117K | 239.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 233482 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 166666 | 1 |
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| Last trade - 12.30pm 09/08/2024 (20 minute delay) ? |
| CAZ (ASX) Chart |