I don't understand why this rather stable company is being hit so hard from the AGO opportunistic take over. If FMG gets the assets well done to FMG, but MIN should not be smashed for this as we wouldn't be paying significant overs for AGO.
A possible scenario is that FMG and MIN can take parts of the assets that each want should FMG take it all after the transaction. There is so many alternative options on the table for MIN to grow elsewhere if they get nothing. I doubt FMG want's everything.
Ann: Acquisition of Atlas Iron Limited, page-86
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Last
$35.31 |
Change
0.360(1.03%) |
Mkt cap ! $6.939B | |||
| Open | High | Low | Value | Volume |
| $34.65 | $35.39 | $34.62 | $86.23M | 2.439M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 600 | $35.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.35 | 300 | 1 |
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| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| MIN (ASX) Chart |