but more than likely get the numbers
I don't agree cashme.
I agree a takeover bid at 18 cents would get ready acceptance from the punters like me who have been charging in at 10 and 11 ....but that represents at most 20% of the register .
You provided a helpful shareholder analysis a few weeks ago ...13 significant, unassociated shareholders including Perennial with from memory 68% of the share register . Let's now remove Perennial's 6% .
I suggest that all of these 12 shareholders are long at prices above 20 cents and whilst some are there for the now dubious value in Nifty copper I cannot see them accepting 18 cents . yes some of them may have sold at recent prices ...which must explain some of the very high MLX share turnover but those that remain must be influenced - like you- in the residual value in the Renison asset .
I dont think a bid at 30 cents would succeed either.
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Last
45.0¢ |
Change
-0.005(1.10%) |
Mkt cap ! $399.0M |
Open | High | Low | Value | Volume |
44.5¢ | 45.0¢ | 44.5¢ | $137.4K | 306.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
24 | 184565 | 44.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
45.0¢ | 75844 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
23 | 183797 | 0.445 |
5 | 75167 | 0.440 |
6 | 90346 | 0.435 |
4 | 22674 | 0.430 |
4 | 212781 | 0.425 |
Price($) | Vol. | No. |
---|---|---|
0.450 | 77083 | 14 |
0.455 | 135237 | 6 |
0.460 | 250648 | 11 |
0.465 | 1524466 | 9 |
0.470 | 399746 | 8 |
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