The task of predicting takeovers is definitely getting a good... thrashing as of late.
Printable View
Yes, it seems there is stiff competition
Doesnt look like they will be coming to a conclusion anytime soon.
Ogg will egg them on, to be the first one to shell out
.
That guy who wants to unload his stock on the asx is back. He's got two sell orders in at A$ 17.5c comprised of: 4,390,000 + 1,279,780. It's annoying as he's dropped his price too. See below
$0.13 566,475 9 1 Okay $0.135 332,561 10 2 Okay $0.14 222,033 5 3 Okay $0.145 415,351 5 4 Okay $0.15 585,316 9 5 Okay $0.155 118,006 5 6 Okay $0.16 97,623 5 7 Okay $0.165 83,299 3 8 Okay $0.17 25,000 1 9 Okay $0.175 6,823,780 6 10 You total b*stard $0.18 28,012 3 11 Okay $0.185 259,363 4 12 Okay $0.19 78,684 3 13 Okay $0.195 3,844 1 14 Okay $0.20 28,225 2 15 Okay $0.30 23,000 1 16 Okay $0.50 15,231 1 17
That certainly isn't obvious to me.
But if you are right - and market conditions have deteriorated so much with new competition in the outside broadcasting space that our asset is now only worth $1 then they definitely needed to get rid of it and move on.
Hell, maybe it is so worthless that Sky paid NEP to take it off our hands!
I like the cut of the jib of the bloke at $0.50