Denman accumulated heavily at higher prices, maximised their involvement in the capital raising and have subsequently continued to buy shares at market.
WCN is valued at under 3 million and l can see why Denman is determined to get to 19.99% stake in the company. Expect more Appendix 3B notices. I anticipate a takeover at fair value which is at multiples of where we are now.
Denman takeover
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Last
1.9¢ |
Change
-0.002(9.52%) |
Mkt cap ! $32.58M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 1.9¢ | $77.88K | 3.863M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 2331227 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 4593531 | 11 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| WCN (ASX) Chart |