Depends on how much MCT wants it. This is just there first offer NME may come back with a counter offer of 5.2 per share. The conversion of 4.81 is just the start and looking at the NME share price over the last 2 years it is low ball. They have timed the offer well.
Ann: Metalicity Proposal to Nex Metals Shareholders, page-15
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Mkt cap ! $9.392M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 54 | 119309648 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 24041767 | 17 |
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