I think the CR is almost unavoidable given the weak Tin/Copper price under the epidemic shadow.
Yes BHP and FMG are interest in Nifty however I doubt they are in a rush to table an offer: the longer it drags the more pressure on MLX to take a firesale price.
Raising new capital, although delusive to the existing holders, does make sense putting the company in better financial position for negotiation.
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Last
37.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $335.2M |
Open | High | Low | Value | Volume |
37.0¢ | 37.5¢ | 36.5¢ | $240.0K | 653.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
25 | 194012 | 36.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
37.0¢ | 90606 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
24 | 197300 | 0.365 |
17 | 355746 | 0.360 |
13 | 460359 | 0.355 |
15 | 114045 | 0.350 |
6 | 223521 | 0.345 |
Price($) | Vol. | No. |
---|---|---|
0.370 | 102370 | 16 |
0.375 | 46121 | 10 |
0.380 | 161628 | 10 |
0.385 | 89657 | 6 |
0.390 | 179648 | 8 |
Last trade - 11.54am 15/08/2024 (20 minute delay) ? |
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