Yes on market they could slowly soak upto 5%(even using different entities to 4.99% etc)
Is it easier to take over a well-held company or one spread over hundreds of smaller retail holders ..hard to know whats easy to take out>>
Generally, mergers and takeovers come from the biggest holders or from them selling out to the predator first before an offer the mgmt agree too>>
..but as we know in WWI case more likely we would have an offer on market for a controlling stake directly to all holders to gain the 51% etc..
Or of course, we see the SA assets purchased for a pretty penny
As to SP weakness, I think we have had the likes of NRPL cashing up shares they received for the Pilbara assets along with others that got in cheaper levels via SPP-Insto/spohs>> ???? or can someone fill in the blanks to who got or took up the bulk of the 250mill extra shares over the last year.
the other day when I got myself just over 1mill it was filled mostly in one 900k order then as I completely took out the 2c level another 800k order was dropped down IMHO its the same seller of size ...
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.66M |
Open | High | Low | Value | Volume |
1.4¢ | 1.4¢ | 1.4¢ | $23.70K | 1.693M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 1843017 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 1054224 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 151538 | 0.009 |
7 | 3588613 | 0.008 |
2 | 1409048 | 0.007 |
2 | 2142999 | 0.006 |
3 | 1400000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 2172152 | 5 |
0.011 | 390000 | 2 |
0.012 | 3000000 | 2 |
0.014 | 1000000 | 1 |
0.015 | 1000000 | 1 |
Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
WWI (ASX) Chart |