Execution date of the Merger is mid 2019. I presume that MRP is disallowed from capital raising which means it will need to survive one 1.3m cash for next 6 months and I expect there will be little activity from MRP until the merger.
The proposed merger does put a floor on the price as long IRC share price holds up.
- Forums
- ASX - By Stock
- MRP
- Ann: MacPhersons and Intermin - Merger Implementation Agreement
Ann: MacPhersons and Intermin - Merger Implementation Agreement, page-5
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MRP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, Managing Director & CEO
Charles Armstrong
Managing Director & CEO
SPONSORED BY The Market Online