The Market cap of Yanzhou at US$2.6 billion is just too low to succeed in taking Felix Resources - without Chinese Government help in the guise of Shenua Energy.
I still think that BHP Billiton are just waiting and watching events. So any bid for Felix Resources would have to be over the odds to win.
yanzhou not big enough to win felix alone
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19.0¢ |
Change
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Mkt cap ! $38.85M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 10000 | 1 |
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