It could have been insider trading unloading shares prior to the Co ann, 98% of which will be taken for the bondholders. Otherwise who would spend $40,000 knowing they will only retain $800. If this deal goes through don't be surprised if the next major event is a takeover. I could have been better off if I had sold that million shares on Friday, rather than lose 98% of those shares should the deal go ahead. I presume that pink slip trading will continue until a decision is made next week, or is it immune from trading halts etc.?
It could have been insider trading unloading shares prior to the...
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Last
$8.01 |
Change
-0.165(2.02%) |
Mkt cap ! $2.955B | |||
| Open | High | Low | Value | Volume |
| $8.15 | $8.16 | $7.93 | $9.680M | 1.207M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 6641 | $8.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.01 | 3992 | 10 |
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| Last trade - 12.59pm 28/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |
