I've always thought they were doing a reverse dick smith; pulling the share price down as low as they can so they can buy more. At a guess, they will be trying to acquire the whole company, as it would hake their exit strategy easier. Who'd want to buy 60% of a listed company, or some other controlling portion, knowing there is still a hard slog to acquire the rest? Once it's private, everything would be easier for them.
Capital Raising, page-101
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Last
25.0¢ |
Change
0.010(4.17%) |
Mkt cap ! $13.28M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 25.0¢ | 20.5¢ | $26.36K | 110.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 33444 | 2 |
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| Last trade - 16.10pm 03/12/2024 (20 minute delay) ? |
| CDD (ASX) Chart |
