It looks like an opportunistic bid. But what if it's an illegal bid and ASIC hasn't noticed? How could that work? Well, supposing (just supposing) Golden's friends have bought a whole load of shares and accept the offer. Golden can then claim they have 50% and forcibly buy the rest at 0.95. I'm not saying this is the case, not at all, but I have so little faith in ASIC that sometimes it seems that crooked operators can get away with anything. Example: They let some trading houses connect their computers to the exchange for "very fast" trading (a form of front running), they allow squillions of trades below $1 or so every day without any challenge, etc.
The sooner this bid folds, the sooner I'll relax.
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Last
$3.06 |
Change
0.050(1.66%) |
Mkt cap ! $2.758B |
Open | High | Low | Value | Volume |
$2.97 | $3.09 | $2.95 | $4.026M | 1.320M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 21221 | $3.05 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.07 | 4004 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 21221 | 3.050 |
3 | 16193 | 3.040 |
1 | 2375 | 3.030 |
1 | 2375 | 3.020 |
2 | 17715 | 3.010 |
Price($) | Vol. | No. |
---|---|---|
3.070 | 4004 | 2 |
3.080 | 11656 | 8 |
3.090 | 11908 | 4 |
3.100 | 47198 | 11 |
3.110 | 10995 | 2 |
Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
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SMR (ASX) Chart |