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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5.67%
!
$2.05

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Last
$2.05 |
Change
0.110(5.67%) |
Mkt cap ! $1.847B |
Open | High | Low | Value | Volume |
$1.98 | $2.07 | $1.96 | $4.117M | 2.023M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 11418 | $2.05 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.07 | 41560 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 11418 | 2.050 |
3 | 7499 | 2.010 |
2 | 5050 | 2.000 |
1 | 7500 | 1.980 |
1 | 650 | 1.970 |
Price($) | Vol. | No. |
---|---|---|
2.070 | 31560 | 4 |
2.100 | 2200 | 2 |
2.150 | 257 | 1 |
2.190 | 1300 | 1 |
2.200 | 17500 | 2 |
Last trade - 16.10pm 09/07/2025 (20 minute delay) ? |
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SMR (ASX) Chart |