Interesting day market down 66 Points but the takeover offer @ $0.28 is still underpinning the AHR share price for now. One would expect feedback from Sunstar prior to March 16. 7 days before the offer closes. Interesting we have not been advised that Sunstar have reached 10% with on market buys. But they are buying in 3 different names. In reviewing we have consistent buys at the open from 11 to 12 and From 3 to 4.
Todays trades Thursday Mar 10.
Total 12 Buyers 392K. (Range $0.265 to $0.22) Total 9 sellers 201K. (Range $0.27 to $0.39)
The buy side is now solid @ $0.255/$0.26 Ratio changed from 3 to 1. to 2 to 1. Understandable with the market dropping Buyers becoming nervous.
But Closed 69,500 sellers @ $0.27 lot higher volume than normal
Trades. Time Price Qty
10:00 27 57,253 11:03 27 35,750 15:22 27 40,000
133,003 Total Trades $35,911 Total Value.
Average turnover per day around $32,000.
We have had consistent buying @ $0.27
Please DYOR and make your own decisions.
AHR Price at posting:
27.0¢ Sentiment: None Disclosure: Held
