Assuming a suitor was starting from 0 shares they would need to aquire over 50 000 000 shares for a 5% stake. You could see hows that sort of volume would move the share price. We are up 14% today with 32 000 000 shares traded on the asx. If there was to be a hostile on market takeover the share price would explode. 50% would be around 500 000 000 shares
Assuming a suitor was starting from 0 shares they would need to...
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 (20min delay)
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Last
$1.45 |
Change
0.135(10.3%) |
Mkt cap ! $1.633B | |||
| Open | High | Low | Value | Volume |
| $1.33 | $1.46 | $1.30 | $29.57M | 21.35M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11630 | $1.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.46 | 92904 | 6 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$1.45 |
Change
0.135 ( 9.52 %) |
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| Open | High | Low | Volume | ||
| $1.32 | $1.46 | $1.30 | 6943845 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| ZIP (ASX) Chart |