An unexpected move up like this in the share price of high volume could mean another offer could be coming from a different source ! ... news always leaks out a few days before. If someone offers $7.50 I think it will be accepted.
Another possible scenario is a ramp up in the share price to do a Cap Rising which other have mentioned...
I have a feeling it wont be a Cap Raising .... the share price increase in the last 2 days has been out of left field on high volume so I expect some corporate activity or amazing company news !!
Is acquiring Quadrant a good idea?, page-11
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 (20min delay)
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Last
$6.72 |
Change
0.030(0.45%) |
Mkt cap ! $23.02B | |||
| Open | High | Low | Value | Volume |
| $6.74 | $6.77 | $6.72 | $43.42M | 6.449M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 104139 | $6.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.73 | 10465 | 2 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| STO (ASX) Chart |
