captain_salty...
Yes...a bit strange, but as you say, seems like the deal is only getting better for LIO.
I always thought the initial bid was a little low...and now it would appear that there are two bidders interested...and that US$5m is the least they can expect.
This is about AUD$1m more than the initial offer, after the prevailing exchange rates are taken into account.
Still a little low in my opinion, but it equates to cash of about .003c per share...and by extention, a value on the rest of the company...including Oseil...of just .003c at the current price?
Might be room for a higher share price, but not sure who would be game to buy-in given their track record.
Should know in the next day or 2 if the "transfer" of funds goes ahead...at which point I suspect there may be a little more interest from the galery.
Cheers!
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.48M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1485 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 64712 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 46027 | 0.028 |
1 | 40000 | 0.025 |
1 | 40039 | 0.024 |
1 | 66688 | 0.012 |
1 | 500000 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.031 | 100000 | 1 |
0.032 | 6404441 | 1 |
0.035 | 93888 | 1 |
0.045 | 80000 | 1 |
0.050 | 80000 | 1 |
Last trade - 16.12pm 22/11/2024 (20 minute delay) ? |
LIO (ASX) Chart |
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