Share price was trading at 58c before 14.2m shares got sold down. Whoever bought 14.2m shares clearly know it is impossible to sell down 14.2m on the market without crash its share price. To me (from my experience) clearly the most logical step is a full takeover with script bid. If SBM owns 19% than with script bid (80%) will not cause too much dilution to SBM holders.
Just wait and see.
Ann: Ceasing to be a substantial holder, page-4
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Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $63.91M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 89603 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 108500 | 2 |
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| Last trade - 16.12pm 03/12/2024 (20 minute delay) ? |
| PEX (ASX) Chart |
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